The company is a manufacturer for OEMs and Tier-1 automotive suppliers
Cimos is a leading manufacturer for OEMs and Tier 1 automotive suppliers, producing and designing turbocharger, powertrain components as well as sub-assemblies. Headquartered in Koper, Slovenia, the company operates through 8 different plants located in Slovenia, Croatia, Serbia and Bosnia-Herzegovina. Cimos, heritage from Citröen, can leverage on more than 50 years of experience combined with its well invested and cutting-edge technologies – Aluminum die-casting, cast iron, machining and assembly, allowing the company to offer exceptional products standards, matching the high demanding and continually changing automotive industry. Cimos employs around 2,000 people with annual revenues of approx. EUR 200 million.
Cimos’ plans a further development of its current product portfolio and business, taking advantage on its renowned know-how as well as from Mutares’ portfolio companies Kico and ISH, which can contribute significantly in terms of technology and sharing their strong relationships with OEMs. On the other side Cimos’ high capabilities allows the offloading of significant workload from Mutares’ portfolio companies with a low CapEx requirement and a competitive production cost through its footprint.
|Year of Acquisition||2022|
|Revenues||EUR 200 m|
|Segment||Automotive & Mobility|