PRESS RELEASES
Agôn Electronics strengthens its position in the medical market with the acquisition of CISTEO Medical
Agôn Electronics, backed by Argos Fund since 2022, announces the acquisition of CISTEO Medical, a company specialized in the development, manufacturing, and certification of contract medical devices. This strategic move marks a major milestone for Agôn Electronics, strengthening its position as a leader in the design and production of innovative medical devices.
AGÔN Electronics launches AGÔN Railway, a Business Unit dedicated to the rail industry.
AGÔN Electronics announces the creation of a new Business Unit, AGÔN Railway, fully dedicated to embedded electronic systems for the railway sector. This strategic initiative reflects the Group’s ambition to strengthen its position in a rapidly evolving market, leveraging the recognized expertise of LEROY Automation (France) and MIOS Elettronica (Italy).
Agôn Electronics joins forces with Esteban Herrault on the way to the Los Angeles 2028 Paralympic Games!
Agôn Electronics is proud to announce its partnership with Esteban Herrault, a top-level Paralympic table tennis athlete, as he prepares for the Los Angeles 2028 Paralympic Games.
Bronze medalist at the Paris 2024 Games and multiple medalist at World and European Championships, Esteban embodies values of resilience, excellence, and self-improvement that deeply echoes Agôn Electronics’ culture.
FEDD officially opens its new building: a major milestone in terms of expansion and innovation
On 23 January 2025, FEDD’s new building was officially opened in front of an audience of 200. Alain Rousset, Chair of the Regional Council of Nouvelle-Aquitaine, Jacques Auzou, Chair of the Grand Périgueux urban community, Philippe Ducène, Mayor of Val de Louyre et
Caudeau, Bruno Picquart, Chair of Agôn Electronics and Didier Roux, CEO of FEDD, were in attendance.
Agôn Electronics Acquires Tronico,Becoming the Leading French Companyin Advanced Electronic Manufacturing
Agôn Electronics, backed by Argos Wityu since 2022, announces the completion of its acquisition of Tronico, a key player in electronic system design and manufacturing. This strategic move creates the foremost French EMS (Electronics Manufacturing Services) provider for complex environments.
Merger of Agôn Electronics and Tronico, two leaders in electronic systems for critical environments
Agôn Electronics and Tronico are both leading companies in designing electronic systems for the most complex situations, the most critical applications and the strictest operational constraints. The two groups are specialised in electronic manufacturing services (EMS) as well as in the design of their own products.
Agôn Electronics strengthens its position in the medical market with the acquisition of CISTEO Medical
Agôn Electronics strengthens its position in the medical market with the acquisition of CISTEO Medical
Agôn Electronics, backed by Argos Fund since 2022, announces the acquisition of CISTEO Medical, a company specialized in the development, manufacturing, and certification of contract medical devices. This strategic move marks a major milestone for Agôn Electronics, strengthening its position as a leader in the design and production of innovative medical devices.
A strategic complementarity for a unique offering in Europe
Agôn Electronics, through its Tame-Care (Tronico) entity, shares with CISTEO Medical top-tier technical expertise and a strong customer focus. The integration of CISTEO’s capabilities, particularly in the encapsulation of active medical implants, will enable the delivery of comprehensive solutions for the design, industrialization, and manufacturing of critical medical devices on the market. This acquisition paves the way for strong synergies:
- Complementary positioning: CISTEO Medical is recognized in the medical market for its expertise in the design and manufacturing of active implantable medical devices (AIMD).
- Accelerated innovation: Thanks to the recently awarded funding under the IPCEI Tech4Cure initiative and combined expertise, Agôn Electronics and CISTEO Medical will be able to develop products incorporating breakthrough technologies.
- Cross-development: Joint projects are already underway, confirming the relevance of this strategic alignment.
Bruno Picquart, CEO of AGÔN Electronics, said: “The integration of CISTEO Medical into the Agôn Electronics group supports our ambition to position ourselves as a leading player in the medical market and to offer medical devices under our own name.”
CISTEO Medical: a key player in the medical market
Founded in 2010 in the heart of Besançon’s technology hub, CISTEO Medical offers tailor-made solutions for the design, industrialization, and manufacturing of medical devices, particularly implantable ones. With more than 150 clients supported since its creation, CISTEO is now a pure medical player, recognized in France and Europe for its unique expertise in encapsulation processes that ensure the robustness and hermeticity of implants.
Christophe Moureaux, CEO of CISTEO adds : « We are proud to join Agôn Electronics and contribute to building a European leader capable of addressing the technological and regulatory challenges of the medical market. »
The combined group is expected to achieve estimated revenues of €215 million in 2025 and will confirm its strong position in the French electronic equipment market.
The transaction is expected to be completed in the fourth quarter of 2025, subject to obtaining approvals from the relevant competition and foreign investment authorities.
Agôn Electronics
Marine van den Broek // Agôn Electronics communications officer
+33 (0)7 82 94 56 73
marine.vandenbroek@ext.agon-electronics.com
CISTEO Medical
Elise Pichon // CISTEO Medical communications officer
+33 (0)7 50 54 75 19
epichon@cisteomedical.com
About Agôn Electronics
Based in France, Italy, and Morocco, Agôn Electronics is the French leader in high-value-added electronic products (HMLV – High Mix, Low Volume) for demanding environments. The group employs nearly 1,500 people across several complementary industrial entities.
Agôn Electronics includes four EMS (Electronic Manufacturing Services) specializing in the co-design and manufacturing of complex electronic boards and systems for the most demanding sectors: aerospace, rail, defense, space, and medical. With two ODM (Original Design Manufacturer) subsidiaries, the group also offers a broad portfolio of proprietary products for the rail, energy, defense, and industrial markets. Additionally, Agôn provides a range of complementary services that support its clients throughout the design, production, and operational maintenance (MCO) or after-sales service (SAV) phases.
Driven by an ambitious growth strategy and a strong culture of innovation, Agôn Electronics aims to become a leading European player in industrial electronics, combining technical excellence, customer proximity, and sustainable commitment.
About CISTEO Medical
Based in Besançon, at the heart of the Bourgogne-Franche-Comté technology hub, and employing nearly 60 people in 2025, CISTEO Medical is a CDMO (Contract Development & Manufacturing Organization) specialized in the development, manufacturing, and certification of medical devices under contract.
Since 2010, the company has supported spin-offs, start-ups, scale-up, and legal manufacturers through every stage of their projects, from initial design to cleanroom production, integrating design verification and regulatory processes.
Recognized for its expertise in microtechnologies, mechatronics, and software development, CISTEO Medical focuses exclusively on innovative and complex medical devices: active implants (neurostimulators, cardiac pacemakers), instruments for minimally invasive surgery, robotics, and electromechanical medical devices.
To provide a comprehensive and integrated approach as a One-Stop shop company, CISTEO Medical also manages technical documentation for CE marking and FDA certification, as well as quality and regulatory affairs services, ensuring partners receive full support through to market launch.