Pfäffikon Schwyz, Switzerland, and Maîche, France, June 1, 2021 - Oerlikon announces the successful acquisition of Coeurdor, a leading full-range supplier of components for the fast-growing luxury goods industry.
"With this acquisition, we are expanding our range and strengthening our position in the luxury goods market," said Dr. Markus Tacke, CEO of the Oerlikon Surface Solutions division. "The creativity and agility of Coeurdor and their ability to quickly implement customer requests in the highly demanding luxury goods market are a strong addition to our current range in the high-end deco market."
Coeurdor is an established brand and offers the world's leading luxury brands a complete range from conception to manufacturing and coating of metallic components. Coeurdor accessories can be found on leather bags, belts, watches and other luxury goods. Headquartered in France, Coeurdor has production facilities in Italy and Portugal and employs more than 220 skilled workers.
Oerlikon offers innovative surface solutions such as PVD (physical vapor deposition) coatings for metal and plastic components, diamond-like coatings (DLC), systems for surface coating, and powder and printing services for additive manufacturing. These solutions are used in the aerospace industry, in automotive engineering, in medical technology and tool industry as well as in the high-end deco sector, as well as for consumer goods and household appliances. Coeurdor's expertise lies in the development and manufacture of components and the use of PVD and sustainable electroplating technology for the finishing of luxury goods.
“Robert Jeambrun remains Managing Director of Coeurdor. As the business continues to expand, the company will benefit from Oerlikon's global presence and leading technologies. By bundling the competencies, we can expand our technology leadership in the luxury and high-end deco market with a complete portfolio of high-quality surface coatings for all types of metals, alloys and polymers ”, added Dr. Add tack.
"For the family business Coeurdor, which looks back on a long tradition of craftsmanship and relies on meticulous working methods and strict quality assurance, this is an excellent next step to expand globally," said Robert Jeambrun, Managing Director and owner of Coeurdor. “As a company of the Oerlikon Group, we have worldwide access to other segments of the luxury goods market. We also see huge potential in the use of the leading surface technologies from Oerlikon, for example PVD, and the possibilities in digitization and 3D printing to develop modern coating and luxury 4.0 solutions, such as big data analysis, flexible production or serial mass production for the luxury goods market. "
The acquisition was successfully completed and both parties have agreed not to disclose financial details of the transaction.
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