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Gil Martin
Published on
Dec 25 2024 at 6:02 p.m.
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The company Cyker Holding GMBH, created in 2020 and based in Berlin, and specializing in the reconditioning of electronic devices, has announced its future move to the south of France. The company will settle in Montpellier at the beginning of 2025, first within the company hotel of the BAD (for Montpellier International Business Incubator) before taking off. The company wants to build its new industrial site within the Eureka district in Castelnau-le-Lez, near the Millénaire.
160 jobs in three years
“Over a three-year horizon, the technocentre Cykero France should enable the creation of 160 jobs,” specifies the Métropole de Montpellier. With the Occitanie regionthe community has put in place the means to attract the German company. The elected representatives of Montpellier Méditerranée voted on December 10 for aid of €300,000 to support the project, and the Region should contribute €800,000… On its new and future site, Cykero intends to create a unit dedicated to automated and robotic reconditioning electronic devices, a growing market.
A 4.0 Technocenter
In 2023, the sale of smartphones alone will exceed two billion euros with an increase of +15%. To answer to the growing needs of the marketthe German company has therefore chosen to develop in the south of France to continue to benefit from exponential growth: €12.5 million in turnover last year and a forecast of €27 million in 2024. Montpellier will therefore ultimately welcome the Technocentre 4.0 of Cykero, whose head office, currently located in Maisons-Laffitte in the Paris region, will be transferred to Montpellier in the spring.
“The future technocenter will also include an R&D center which will allow collaboration with universities and research laboratories in the region”
Initially, the German group's teams will set up within the MIBI “in order to better supervise the construction of the future Cykero industrial site”, indicates the Metropolis which specifies that this Technocentre 4.0 “will make it possible to process large volumes in order to meet the massive needs of major accounts… With the ambition of establishing itself as a leading European player in the reconditioning of electronic devices.
“Very high level of quality”
According to the community, Cykero is committed to building a cutting-edge technocenter combining innovation, sustainability and technological sovereignty. “The company aims total repair of smartphone components, thus ensuring a very high level of quality with an after-sales service return rate of less than 2% compared to an average of 15% for consumer reconditioned devices,” adds the Metropolis.
More than a year of discussion…
In detail, the community specifies that the filing of building permit of the Cykero center is planned for January 2025 “for commissioning of the production unit in mid-2026”. The Metropolis is very satisfied of the choice of the German group and recalls that this establishment is not due to chance: “For more than a year, the teams of the Métropole de Montpellier, the Occitanie Region and its economic development agency AD’OCC support Cykero France in its establishment project in Occitanie.
Carole Delga, President of the Region: “The Cykero project is fully consistent with the policies supported by the Occitanie Region and our priorities: supporting innovation, promoting the ecological and inclusive transition, and creating sustainable and local jobs. . The establishment of the Cykero technocenter in Montpellier represents a significant opportunity for Occitanie, which allows us to strengthen our position as a leading territory in the digital and ecological transition, and demonstrates our attractiveness in terms of industries of the future and circular economy. None of this would have been possible without the tailor-made support of the services of the Region and the Metropolis, who were once again able to work as a group to convince Cykero to choose Occitanie.”
Michaël Delafosse, Mayor of Montpellier, President of Montpellier Méditerranée Métropiole: “The arrival of this company at MIBI first concretizes the work carried out by the Métropole teams in conjunction with the Occitanie Region. A flagship of novelty and transformation, Cykero integrates innovative technologies such as artificial intelligence, advanced robotics and a blockchain traceability system for reconditioning processes. In addition, the future technocenter will include an R&D center which will allow collaboration with universities and research laboratories in the region. With this establishment, Montpellier confirms its desire to promote and accelerate economic development resolutely focused on social and environmental transitions. It affirms its ambition to become a reference territory for the new industry linked to reconditioning.”
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