BRONSCHHOFEN, SWITZERLAND – Cicor Group has successfully closed the acquisition of 100% of the shares of the UK-based STS Defence announced in October 2023.

With the acquisition, Cicor adds a specialist in the design, manufacture and assembly of equipment and systems, as well as the integration and maintenance throughout the equipment's life cycle. STS Defence employs around 150 people in the south of the UK and generated sales of GBP27.5 million ($35 million) in the fiscal year ending on June 30.

Cicor said it is committed to continue providing engineering support and manufacturing services from the existing STS Defence site under the current management team.

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