Cicor Technologies Ltd Announces Strategic Manufacturing Partnership with Singapore‑Based EDMI

Bronschhofen, 28 July 2026 – Cicor Technologies Ltd. (SIX Swiss Exchange: CICN) confirmed that it will enter into a strategic outsourcing agreement with EDMI Limited, a Singapore‑headquartered global leader in intelligent energy solutions. The agreement, disclosed in an ad‑hoc announcement issued under Art. 53 KR, involves Cicor acquiring EDMI Electronics Sdn. Bhd., the subsidiary that operates a manufacturing site in Johor, Malaysia.

The transaction is expected to generate annual revenue for Cicor exceeding USD 50 million. The deal is part of a broader strategy to expand Cicor’s presence in Southeast Asia, as noted in separate press releases on the same day.

Key Points of the Agreement

  • Acquisition of Manufacturing Site: Cicor will take ownership of the Johor production facility currently operated by EDMI Electronics Sdn. Bhd.
  • Long‑Term Partnership: Both companies have agreed to a long‑term strategic manufacturing partnership, allowing Cicor to leverage EDMI’s established production capabilities.
  • Revenue Projection: The transaction is projected to yield more than USD 50 million in annual revenue for Cicor.
  • Strategic Expansion: The partnership aligns with Cicor’s objective to broaden its footprint in Southeast Asia and strengthen its supply chain for flexible and flex‑rigid printed circuit boards and micro‑electronic assemblies.

Context and Company Background

Cicor Technologies Ltd., listed on the SIX Swiss Exchange, specializes in the manufacturing and supply of flexible and flex‑rigid printed circuit boards and micro‑electronic assemblies. Its products are used in a wide range of applications, including watches, sensors, hearing aids, smart cards, ink‑jet cartridge circuits, mobile phones, notebooks, and automotive electronics.

  • Market Position: As of 26 July 2026, the company’s share price stood at CHF 117.2, with a market capitalization of CHF 519 239 840.
  • Financial Metrics: The 52‑week high reached CHF 229 on 2 November 2025, while the 52‑week low was CHF 110.2 on 2 July 2026. The price‑to‑earnings ratio was 36.824.

Implications for Investors

The acquisition of a fully integrated manufacturing facility in Malaysia is expected to enhance Cicor’s production capacity and cost efficiency. By securing a strategic partnership with a leading energy solutions provider, Cicor may also open new avenues for product diversification and market penetration in the rapidly growing Southeast Asian electronics sector.

The completion of the transaction will be subject to regulatory approvals and customary closing conditions. Investors are advised to monitor subsequent corporate communications for updates on the deal’s progress.