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Oerlikon, a brand that owns several technology companies, has undertaken a diversification of its activities in the field of luxury metal parts.
The Swiss group announced yesterday, Tuesday June, 1st, the acquisition of the French company Coeurdor, which specialises in the coating of metal parts, particularly for high-end leather goods sector. The amount of this acquisition was not disclosed.
“With this acquisition, we are expanding our offer and presence in the luxury market”, said Markus Tacke, head of Oerlikon‘s surface coating division.
Coeurdor, based in Maîche in the Doubs region, is a fast-growing company that is already well established in the luxury sector. With a turnover of almost 37 million euros in 2019, this company specialises in electroplating, a goldsmithing technique, offers a complete range of accessories to the world’s leading luxury brands.
From design to manufacturing and plating of metal components, these are used for the production and surface treatment of metal parts worn in the luxury industry. Specifically, Coeurdor is involved in the production of leather bags, belts, watches and other luxury goods.
The acquisition of Coeurdor by Oerlikon is therefore a very good omen as Coeurdor will be able to benefit from the Swiss company’s technologies. The SME, which employs 220 people in its production sites in France, Italy and Portugal, will thus be able to take advantage of Oerlikon’s global presence to expand its network in the future and boost its growth even more. However, Coeurdor’s current Managing Director, Robert Jembrun, will continue in his position.
Oerlikon, a world leader in surface technologies, is a company capable of improving the performance and durability of tools in the metal and plastics industries. It will therefore also benefit from this acquisition as the group will be able to expand its presence in the high-end luxury and decoration market, offering a range of surface coatings for all types of metals, alloys or polymers.
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Oerlikon, a brand that owns several technology companies, has undertaken a diversification of its activities in the field of luxury metal parts.
The Swiss group announced yesterday, Tuesday June, 1st, the acquisition of the French company Coeurdor, which specialises in the coating of metal parts, particularly for high-end leather goods sector. The amount of this acquisition was not disclosed.
“With this acquisition, we are expanding our offer and presence in the luxury market”, said Markus Tacke, head of Oerlikon‘s surface coating division.
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Oerlikon, a brand that owns several technology companies, has undertaken a diversification of its activities in the field of luxury metal parts.
The Swiss group announced yesterday, Tuesday June, 1st, the acquisition of the French company Coeurdor, which specialises in the coating of metal parts, particularly for high-end leather goods sector. The amount of this acquisition was not disclosed.
“With this acquisition, we are expanding our offer and presence in the luxury market”, said Markus Tacke, head of Oerlikon‘s surface coating division.
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