Cicor secures major European air and defence contracts
The company will supply electronic assemblies worth up to EUR 30 million, adding a leading defence technology group to its customer base.
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Electronic solutions designer and manufacturer
cicor.comLast updated
In short: Cicor achieved significant revenue growth and defense contract wins, while expanding globally through several key site acquisitions.
The company will supply electronic assemblies worth up to EUR 30 million, adding a leading defence technology group to its customer base.
The new unsecured facilities replace existing credit ahead of maturity, broaden the banking consortium, and provide flexibility for acquisitions and organic growth.
Cicor will acquire EDMI's Malaysian plant and become long-term manufacturing partner for smart meters.
Revenue increased 19% to CHF 334.1 million, order intake up 39.8%.
The newly established relationship with one of Europe's top 20 defence technology groups represents an important strategic milestone for Cicor and opens up further opportunities...
Cicor Technologies Ltd is a Switzerland based company engaged in the electrical engineering and electronics sector. The Company operates though four divisions: Cicor Printed Circuit...
The electronic components manufacturer now has nearly CHF 300 million available for acquisitions and organic growth.
Swiss electronics manufacturer Cicor Technologies Ltd. has agreed to acquire British competitor TT Electronics Plc for 287 million pounds. This is reported in a press...
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