Maag Group completes acquisition of Sikora

Maag Group announced the completion of the Sikora acquisition. The aim of the partnership is to leverage joint synergies in a targeted manner and to strengthen the position of both companies in the long term. With the completion of the transaction, Maag and Sikora will now combine their expertise to leverage new technological and geographical synergies, aiming at offering innovative solutions while providing expanded global support to customers.

“We are very pleased about this partnership. By combining our strengths and expertise, we are ideally positioned to create additional value for our customers, drive innovation in a targeted manner, and promote the long-term growth of both companies”, Ueli Thuerig, President of Maag Group, explained.

“We are proud to be officially part of the Maag family now. This partnership goes far beyond standard cooperation – it is based on a shared commitment to innovation, entrepreneurial spirit, and sustainable action, which form the foundation for long-term success. It marks an important step in our shared future, opens up a wide range of opportunities, and strengthens our ability to develop innovative solutions. We look forward to working with Maag to continue our success and growth in a sustainable way", Christian Frank, CEO of Sikora, commented on the closing.