What Cofidur does

Cofidur EMS is a French electronics manufacturing services (EMS) provider founded in 1968 as Cirélec and headquartered in Laval (Mayenne), operating three production sites totaling 43,000 m² across France and Tunisia with approximately 500 employees following its July 2024 acquisition of SEICO. The company delivers end-to-end PCBA (Printed Circuit Board Assembly) services spanning breadboard/prototype build through industrialization, full-scale production, complex module integration, and long-cycle after-sales maintenance (MCO/SAV), with manufacturing capacity of roughly 1.8 million electronic boards per year and 30,000 component placements per hour at the newly acquired Malville facility. Cofidur positions itself as a "Made in France" multi-certified EMS, holding ISO 9001, 9100, 13485, 14001, 45001, NADCAP (Laval), and IRIS certifications that qualify it for aerospace, defense, medical, and rail programs.

The technical stack is built around a SAP ERP backbone managing 200+ suppliers, a structured NPI (New Product Introduction) process, Lean manufacturing with Industry 4.0 connected tooling, and robotized assembly lines. Cofidur targets seven primary verticals: Industrial & Professional Electronics (the largest segment at 48% of revenue), Civil Aeronautics/Aerospace, Defense/Military, Medical/Healthcare, Rail/Transportation, Telecommunications/Data, Smart City/IoT, and Lighting/LED. Named customers include Airbus as a Tier-2 aerospace supplier and Qiara as a Laval-resident startup. The Tunisia subsidiary COFITEL (Mégrine, 5,000 m², 85 employees, EN 9100/9001 certified since 2001) provides a best-cost offset for cost-sensitive volumes.

Cofidur generates revenue through B2B contract manufacturing on a per-project negotiated pricing basis — no public price list exists. Go-to-market is direct field sales with named account managers covering telecom and lighting accounts, supported by a multi-language website (FR/EN/DE/IT/ES) and active LinkedIn/Instagram/Facebook/YouTube channels. The company operates under a management-buyout ownership structure since July 2021, when seven executives (including current President Laurent Dupoiron) took it private, and trades under ticker ALCOF on Euronext Paris despite the private operating governance. The Ambitions 2025 strategic plan frames the SEICO integration and TRANSFORM modernization at Périgueux (€3M over 18 months) as the path to a ~€100M revenue run-rate.

Name

Cofidur

Legal name

Cofidur EMS

Website

https://cofidur-ems.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

251–500 employees

Short description

Cofidur EMS is a French electronics manufacturing services (EMS) provider offering PCBA production, prototyping, complex integration, and long-cycle MCO/SAV support across three certified sites in France and Tunisia. It serves aerospace, defense, medical, rail, telecom, lighting, and industrial clients with approximately 500 employees and a projected €100M revenue run-rate.

Ownership category

akta.pro rank

Product category

Electronic Manufacturing Services (EMS)

NAICS

Industrial Machinery Manufacturing (33324), Industrial Machinery Manufacturing (3332)

SIC

Electrical Industrial Apparatus (3620), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)

akta.pro secondary industries

Sensors & Instrumentation Electronics Manufacturing Services (Transmitters, analyzers, industrial sensors) (IMAGAGAL), Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH)

Keywords

• Electronics manufacturing services
• Printed circuit board assembly
• Contract electronics manufacturing
• Electronic product prototyping
• Aerospace defense electronics

Headquarters

HQ city

Nogent

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Electronic Manufacturing Services: Core revenue stream from PCBA production (breadboards, prototypes, pre-production, production), complex integration of modules and finished products, and after-sales service and operational maintenance. Revenue generated through contract manufacturing for industrial clients.
2. Engineering and Industrialization Services: Technical feasibility advice, recommendations, implantation/routing assistance, industrialization services including electronic boards, cables, and assemblies
3. Supply Chain Management: Procurement, inventory management, and logistics services for over 200 suppliers, delivering products across Europe and beyond

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Cofidur EMS provides contract electronics manufacturing services (EMS) including printed circuit board assembly (PCBA), prototyping, industrialization, complex module integration, supply chain management, and after-sales maintenance (MCO/SAV) for industrial clients across aerospace, defense, medical, rail, telecommunications, smart city, and lighting sectors. The company operates production facilities in Laval and Périgueux, France, plus a best-cost manufacturing facility (COFITEL) in Tunisia, with full product lifecycle support from conception through end-of-life maintenance.

Product overview

Cofidur is a French electronics manufacturing services (EMS) company offering a comprehensive portfolio of products and services spanning the entire product lifecycle. The core offerings include PCBA production (breadboards, prototypes, pre-production, and full-scale manufacturing), complex integration of modules and finished products, prototyping and industrialization services, full project management, supply chain management, and after-sales services (MCO/SAV). The company serves seven key industry verticals: Medical, Rail, Telecommunications/Data, Aeronautics, Defense, Smart City, and Lighting. Cofidur operates two French production sites (Laval and Périgueux) plus a best-cost solution through COFITEL in Tunisia. The company recently acquired SEICO to expand prototyping and small-series capabilities, and is implementing the TRANSFORM project for Industry 4.0 modernization at Périgueux.

Differentiator

Problem solved

Functional benefit

Products and services

• PCBA Production Printed Circuit Board Assembly production covering the full lifecycle from breadboards and prototypes through pre-production to full-scale manufacturing of electronic boards and assemblies.
• Complex Integration Services Integration of modules and finished products, combining electronic assemblies with mechanical and system-level expertise for industrial clients.
• MCO (Maintenance in Operational Condition) Long-lifecycle maintenance service implementing repair, renovation, and reuse processes for industrial and professional products over 20+ year horizons.
• SAV (After-Sales Service) After-sales service for short-lifecycle products in telecom and data sectors, including refurbishing, retrofitting, repair, and recycling.
• Prototyping & Industrialization Early-phase product conception, development, and industrialization support including technical feasibility advice, PCB routing, and prototype production.
• Full Project Management Comprehensive project oversight from upstream to downstream phases including NPI (New Product Introduction) processes, risk analysis, and weekly action tracking.
• Industrialisation & Design-to-Cost Co-development and design-to-cost services to optimize product economics while maintaining quality and performance standards.
• Manufacturing & Testing Methods Process development and qualification for manufacturing electronic boards, cables, and assemblies with comprehensive testing protocols.
• Supply Chain Management End-to-end logistics chain management including order processing, planning, procurement from 200+ suppliers, inventory optimization, and European delivery.
• Best-Cost Manufacturing Solution (COFITEL) Low-cost electronics manufacturing solution via COFITEL in Tunis, Tunisia, offering a 5,000 m² facility with EN 9001 and EN 9100 certifications.

Quantifiable outcome

• 1.8 million electronic boards manufactured per year
• +4 more outcomes

Named customers2 records

Segments9 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• SEICOcoreStrategic or Co-development Partner · 1 July 2024Cofidur acquired SEICO in July 2024, a company based in Malville (Loire-Atlantique) founded in 1981 with 100 employees and €15.7M revenue in 2023. SEICO brings agility for prototyping, small series production, and test equipment development. Combined entity reaches 500 employees and €100M revenue.
• JoyeuseminorStrategic or Co-development PartnerStartup acquired by Seico in 2023. Cofidur plans to maintain and develop Joyeuse as it represents new capabilities in startup/innovation segment.
• COFITEL (Cofitel)coreStrategic or Co-development Partner20-year partnership with Tunis-based electronics manufacturing facility. EN 9100 and EN 9001 certified. Provides best-cost manufacturing solution with lower costs and strong certifications. 5,000 m² facility with 85 employees.
• Le Grand PérigueuxminorStrategic or Co-development PartnerLocal government partner supporting the TRANSFORM modernization project at Périgueux site.
• Nouvelle-Aquitaine RegionminorStrategic or Co-development PartnerRegional government supporting the TRANSFORM modernization project aligned with strategic plan Ambitions 2025.
• QiaraminorStrategic or Co-development PartnerStartup customer at Laval facility manufacturing connected home security devices (except cameras). Employs approximately 20 people. Represents potential for high volume production.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Note AB: Swedish EMS publicly listed with operations spanning Scandinavia, the Baltics, and the UK. Closely comparable to Cofidur in scale, vertical mix (industrial, medtech, defense), and design-to-cost positioning.
• Inission: Nordic EMS with industrial and professional electronics focus, offering prototyping, industrialization, and production. Similar to Cofidur in scale and contract manufacturing model.
• Variosystems: Swiss-headquartered EMS offering PCBA, prototyping, and full lifecycle services with similar multi-vertical exposure to industrial, medical, and aerospace customers.
• Lacroix Electronics: French EMS provider offering PCBA, prototyping, and industrialization services to aerospace, defense, medical, automotive, and industrial customers. Closest direct comparable to Cofidur in scale, vertical mix, and European footprint.
• EOLANE: French EMS with a similar industrial/professional electronics focus and multi-site European footprint. Directly overlaps with Cofidur in aerospace, defense, medical, and rail verticals.

Broad incumbents

• ALL Circuits: Larger European EMS player operating across multiple countries with PCBA, box-build, and full system integration. Overlaps with Cofidur's services but at greater scale and broader geography.
• Scanfil: Nordic-based EMS with global manufacturing footprint and revenues several times Cofidur's. Competes in similar industrial and professional electronics segments and serves as a public benchmark for European EMS.
• Cicor Technologies: Swiss EMS group with PCBA, microelectronics, and full product manufacturing across Europe. Overlaps Cofidur in regulated industrial, medical, and aerospace markets with a broader technology portfolio.
• Asteelflash / AEM: Major European EMS (now part of Universal Electronics) operating large-scale PCBA and box-build facilities. Overlaps geographically and vertically with Cofidur but at meaningfully larger scale.

Others

• Sequans Communications: French fabless semiconductor designer (Wi-Fi/IoT) — not a direct EMS competitor but a French technology peer that could leverage Cofidur's local manufacturing for prototyping and IoT production.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=lCn-s5O-DLY
• Facebookfacebook.com/people/Cofidur-EMS/100085542469767
• LinkedInlinkedin.com/company/cofidur-ems
• Instagraminstagram.com/cofidurems.recrute

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cofidur