CMS advised Cicor Group on the acquisition of Evolution Medtec in Romania

International law firm CMS has advised Cicor Group (Cicor), one of Europe’s fastest-growing developers and manufacturers of high-reliability electronics for the medical, industrial, aerospace and defence markets, on its acquisition of 100 percent of the shares of Romanian engineering company, Evolution Medtec.

This new acquisition strengthens Cicor’s engineering capabilities in the Medtech sector, and creates one of the strongest R&D platforms in the European EMS industry.

CMS Corporate Partner, Horea Popescu, commented: “The successful completion of this transaction marks a significant milestone in Cicor’s journey, reinforcing its position as a key player in the European EMS industry. We are pleased to have supported our client, leveraging our wide-ranging expertise in transactions of this nature. We are confident that this strategic alliance will open new avenues for innovation and growth.”

The CMS team was led by Elena Andrei (Corporate & M&A) and Horea Popescu (Corporate & M&A). The wider team included Rares Crismaru, Simona Strava, Rebeca Vladislav (Corporate & M&A); Claudia Nagy, Oana Chivu (Competition); Laura Grigore (Regulatory); Carmen Turcu (Intellectual Property); and Andrei Tercu (Tax). Support was also provided by CMS Germany, led by Maxine Notstain and Dr. Hendrik Hirsch (Corporate & M&A).