Cicor and EDMI agree to strategic outsourcing agreement
Cicor will acquire EDMI's Malaysian plant and become long-term manufacturing partner for smart meters.
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Advanced electronic solutions manufacturer
cicor.comLast updated
In short: Cicor expanded its global footprint through strategic acquisitions and partnerships in Asia, while reporting strong H1 2026 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 program aims for over CHF 10 million annual EBITDA improvements, with one-time costs in mid-single-digit CHF million range.
Purchase orders worth EUR 10 million received in Q2, with total potential exceeding EUR 50 million by 2029. Important milestone for integration of former Éolane sites.
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...
The long-term partnership in electricity meters is expected to generate more than $50 million in annual revenue. The acquisition is valued between...
Bad Marienberg (www.anleihencheck.de) - The Cicor Group (ISIN CH0008702190/ WKN 913744, SIX Swiss Exchange: CICN) today announced a strategic manufacturing partnership with EDMI Limited (EDMI...
The Swiss electronics group benefits from the rearmament trend - but the annual targets depend on a strong second half.
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