Board Change • May 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman of the Board Daniel Frutig was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. お知らせ • Mar 25
Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2026 Cicor Technologies Ltd., Annual General Meeting, Apr 15, 2026, at 14:00 W. Europe Standard Time. お知らせ • Oct 30
Cicor Technologies Ltd. (SWX:CICN) agreed to acquire TT Electronics plc (LSE:TTG) from Aberforth Partners LLP and others for approximately £290 million. Cicor Technologies Ltd. (SWX:CICN) agreed to acquire TT Electronics plc (LSE:TTG) from Aberforth Partners LLP and others for approximately £290 million on October 30, 2025. A cash consideration valued at £1 per share will be paid by Cicor Technologies Ltd. 0.0028 New Cicor Shares will be paid for each TT Electronics plc share. The Offer Value of 155 pence per TT Share, consisting of 100 pence per share in cash and 55 pence per share in New Cicor Shares. The cash consideration payable pursuant to the Acquisition will be financed by debt to be incurred by Cicor under the bridge Facilities Agreement pursuant to a £195 million senior term facility A available thereunder
The Acquisition will be subject to approval by the requisite majorities of TT Electronics plc shareholders, sanction of the Scheme by the Court, the SIX Exchange Regulation, the Acquisition becoming Effective by no later than the Long Stop Date, receipt of certain antitrust and other regulatory approvals, including merger control approvals in Australia, Germany, Mexico, the United Kingdom and the United States, and foreign investment approvals in France, Italy, the United Kingdom and the United States. No consent, approval, waiver or resolution of the shareholders of Cicor Technologies Ltd. is required to implement the Acquisition. The deal has been unanimously approved by the board. The expected completion of the transaction is January 1, 2026 to June 30, 2026.
Tommy Hadewicz and Raffael Huber of UBS Group AG acted as financial advisor for Cicor Technologies Ltd. Joe Hannon, Ben Edenharder and Anisah Mahomed of UBS AG, London Branch acted as financial advisor for Cicor Technologies Ltd. Freshfields LLP acted as legal advisor for Cicor Technologies Ltd. Baker & McKenzie acted as legal advisor for Cicor Technologies Ltd. Allen Overy Shearman Sterling LLP acted as legal advisor for TT Electronics plc. Schellenberg Wittmer acted as legal advisor for TT Electronics plc. James Dawson, Jeremy Stamper and Ruaridh Duff of Gleacher Shacklock LLP, Investment Banking Arm acted as financial advisor for TT Electronics plc. Ravi Gupta, Neil Thwaites and Matthew Price of N.M. Rothschild & Sons Limited acted as financial advisor for TT Electronics plc. お知らせ • Aug 05
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT). Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on April 4, 2025. As part of the acquisition, Cicor Technologies Ltd will acquire 100% stake in Malaga Aerospace, Defense and Electronics Systems, S.A.U. The transaction will be financed from existing credit lines. For the period ending December 31, 2024, Malaga Aerospace, Defense and Electronics Systems, S.A.U. reported total revenue of €29 million.
The transaction is subject to regulatory filings and approvals in the relevant jurisdictions, including the approval by the Spanish Council of Ministers pursuant to defense foreign direct investment regulations. The transaction is is expected in the second half of 2025. Lincoln International SAS acted as financial advisor to Latécoère S.A. Baker & McKenzie SCP acted as legal advisor to Latécoère S.A. CMS Albiñana & Suárez de Lezo, S.L.P. led by Luis Miguel de Dios acted as legal advisor for Cicor Technologies Ltd. Crowe Spain led by Fernando Segú and Jaime Peiro acted as due diligence provider for Cicor Technologies Ltd. CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern mbB led by Hendrick Hirsch acted as legal advisor for Cicor Technologies Ltd.
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on August 4, 2025. following the fulfillment of all conditions precedent to the closing of the transaction, Latecoere (Paris:LAT) confirms the completion of the sale to the Cicor Group. お知らせ • Jun 04
Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. on April 15, 2025. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years. The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents. Hubertus Hillerström, Mark A. Reutter and Laura Luongo acted as legal advisors to Mercury Mission Systems International S.A.
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Manufacturing operation of Mercury Mission Systems International S.A. on June 3, 2025 お知らせ • Apr 16
Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. Cicor Technologies Ltd. (SWX:CICN) agreed to acquire Manufacturing operation of Mercury Mission Systems International S.A. on April 15, 2025. Mercury and Cicor have jointly decided to relocate production to the Cicor sites in Newport, United Kingdom, and Bronschhofen, Switzerland, within the next 18 months. As part of the agreement, Mercury will purchase boards from Cicor, as well continue to source boards from Mercury’s U.S. operations, to ensure a robust supply chain. Both parties intend to further expand the strategic business relationship in the coming years.
The transaction is expected to be completed within approximately one month, subject to customary closing conditions including end customer consents. お知らせ • Apr 04
Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT). Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Malaga Aerospace, Defense and Electronics Systems, S.A.U. from Latécoère S.A. (ENXTPA:LAT) on April 4, 2025. As part of the acquisition, Cicor Technologies Ltd will acquire 100% stake in Malaga Aerospace, Defense and Electronics Systems, S.A.U. The transaction will be financed from existing credit lines. For the period ending December 31, 2024, Malaga Aerospace, Defense and Electronics Systems, S.A.U. reported total revenue of €29 million.
The transaction is subject to regulatory filings and approvals in the relevant jurisdictions, including the approval by the Spanish Council of Ministers pursuant to defense foreign direct investment regulations. The transaction is is expected in the second half of 2025. Lincoln International SAS acted as financial advisor to Latécoère S.A. Baker & McKenzie SCP acted as legal advisor to Latécoère S.A. お知らせ • Mar 26
Cicor Technologies Ltd., Annual General Meeting, Apr 16, 2025 Cicor Technologies Ltd., Annual General Meeting, Apr 16, 2025, at 14:00 W. Europe Standard Time. お知らせ • Mar 07
Cicor Technologies Ltd. (SWX:CICN) proposed to acquire Five manufacturing sites in France and two sites in Morocco from Eolane France. Cicor Technologies Ltd. (SWX:CICN) proposed to acquire Five manufacturing sites in France and two sites in Morocco from Eolane France on March 6, 2025. On March 3, 2025, the Paris Court has opened the judicial reorganisation proceedings for Éolane France. The offers of Cicor and other bidders received have been filed with the Court. The full content of the offers will be published shortly on the website of the Paris Court registry. お知らせ • Jan 28
Cicor Eyes Certain Operations of French éolane Cicor Group (SWX:CICN) on January 22, 2025 confirmed after media reports that it has started talks with éolane, SAS France about the potential acquisition of certain businesses of the French electronic equipment maker. "There can be no assurance that these discussions will result in a transaction or other agreement,” the suitor noted in a brief press statement, adding that it would not comment any further on the matter. Eolane offers electronic manufacturer services (EMS), design, manufacturing, production and maintenance of electronic assemblies and sub-assemblies. It also has expertise in original design manufacturing and contract design manufacturing. The company is active in eight main markets -- defense, industry, telecom, railway, automotive, medical, energy and aerospace. お知らせ • Jan 13
Cicor Technologies Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025 Cicor Technologies Ltd. announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Mar 06, 2025 お知らせ • Jan 06
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Profectus GmbH Electronic Solutions. Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions on December 2, 2024. Cicor will continue to operate the site in Suhl unchanged and with the existing staff. Profectus GmbH Electronic Solutions has reported sales of around €25 million in the last financial year ending September 30, 2024. The transaction is subject to the usual regulatory and other closing conditions and is expected to be completed in early 2025.
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Profectus GmbH Electronic Solutions on January 06, 2025. お知らせ • Dec 13
Oep 80 B.V. proposed to acquire 59% stake in Cicor Technologies Ltd. (SWX:CICN). Oep 80 B.V. proposed to acquire 59% stake in Cicor Technologies Ltd. (SWX:CICN) on December 12, 2024. The consideration consists of common equity of Oep 80 B.V. to be issued for common equity of Cicor Technologies Ltd. As part of consideration, an undisclosed value is paid towards common equity of Cicor Technologies Ltd.
The transaction is subject to de-listing of company stock.
Helvetische Bank AG acted as financial advisor for Oep 80 B.V. お知らせ • Dec 03
Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions. Cicor Technologies Ltd. (SWX:CICN) signed an agreement to acquire Profectus GmbH Electronic Solutions on December 2, 2024. Cicor will continue to operate the site in Suhl unchanged and with the existing staff. Profectus GmbH Electronic Solutions has reported sales of around €25 million in the last financial year ending September 30, 2024. The transaction is subject to the usual regulatory and other closing conditions and is expected to be completed in early 2025. お知らせ • Nov 09
Cicor Technologies Ltd. (SWX:CICN) acquired Nordic Engineering Partner Ab. Cicor Technologies Ltd. (SWX:CICN) acquired Nordic Engineering Partner Ab on November 7, 2024.
For the period ending June 30, 2024, Nordic Engineering Partner Ab reported total revenue of SEK 52 million.
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Nordic Engineering Partner Ab on November 7, 2024. お知らせ • Apr 02
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG). Cicor Technologies Ltd. (SWX:CICN) has reached an agreement to acquire Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) for £20.8 million on March 4, 2024. Cash consideration of £20.8 million on a cash and debt free basis, subject to normal completion account adjustments. The Transaction is expected to complete by the end of Q1 2024 subject to the completion of certain organization restructuring steps.
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of Business Units in Hartlepool and Cardiff, UK and Dongguan, China of TT Electronics plc from TT Electronics plc (LSE:TTG) on April 2, 2024. Reported Earnings • Mar 07
Full year 2023 earnings released Full year 2023 results: Revenue: CHF389.9m (up 25% from FY 2022). Net income: CHF6.08m (up 59% from FY 2022). Profit margin: 1.6% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. お知らせ • Feb 28
Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl. Cicor Technologies Ltd acquired 100% stake in Evolution Medtec Srl on February 28, 2024. With the acquisition of Evolution Medtec, Cicor further strengthens its engineering expertise and capacity in the strategically important medical technology market. Cicor will continue to provide first-class development services at Evolution Medtec's existing site under the leadership of the existing management team.Cicor Technologies Ltd completed the acquisition of 100% stake in Evolution Medtec Srl on February 28, 2024. Board Change • Feb 06
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Chairman of the Board Daniel Frutig is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. お知らせ • Jan 25
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd. Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd on October 18, 2023. STS Defence generated sales of GBP 27.5 million in the fiscal year ended on June 30, 2023. Closing of the transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close within 2023. The closing of the acquisition will have a positive impact on Cicor Group's EBITDA margin by approximately 0.4 percentage points.
Cicor Technologies Ltd. (SWX:CICN) completed the acquisition of STS Defence Ltd from Key Technologies Ltd on January 24, 2024. お知らせ • Oct 19
Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd. Cicor Technologies Ltd. (SWX:CICN) agreed to acquire STS Defence Ltd from Key Technologies Ltd on October 18, 2023. STS Defence generated sales of GBP 27.5 million in the fiscal year ended on June 30, 2023. Closing of the transaction is subject to regulatory approvals and other customary closing conditions, and is expected to close within 2023. The closing of the acquisition will have a positive impact on Cicor Group's EBITDA margin by approximately 0.4 percentage points.