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An announcement from Cicor Technologies ( (CH:CICN) ) is now available.
Cicor Technologies has announced its intention to acquire TT Electronics, a global provider of advanced electronic solutions, in a deal valued at approximately CHF 303 million. The acquisition, supported by TT’s Board of Directors, aims to create the world’s largest EMS provider in the high-mix-low-volume segment, enhancing Cicor’s strategic positioning in key markets such as industry, aviation, space, defense, and medical technology. The transaction is expected to bring significant synergy potential and financial strengthening, with TT shareholders set to vote on the offer in December 2025.
The most recent analyst rating on (CH:CICN) stock is a Buy with a CHF210.00 price target. To see the full list of analyst forecasts on Cicor Technologies stock, see the CH:CICN Stock Forecast page.
More about Cicor Technologies
The Cicor Group is a globally active provider of electronic total solutions, offering services from research and development to production and supply chain management. With around 4,400 employees in 13 countries, Cicor serves leading companies in the fields of medicine, industry, as well as aviation, space, and defense. The company combines custom development solutions, high-tech components, and the manufacturing of electronic devices to create added value for its customers. Cicor Technologies Ltd. is listed on the SIX Swiss Exchange.
Average Trading Volume: 12,889
Current Market Cap: CHF975.6M
Learn more about CICN stock on TipRanks’ Stock Analysis page.