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Cicor Technologies ( (CH:CICN) ) has provided an update.
Cicor Technologies’ planned acquisition of UK-based TT Electronics has collapsed after TT shareholders voted against a court-approved Scheme of Arrangement that required a 75% majority to proceed, despite backing from TT’s board and Cicor’s insistence that the combination offered strong strategic and financial benefits. As a result, Cicor will not pursue the transaction further and will expense roughly CHF 7 million in previously capitalized transaction-related costs, prompting a downward revision of its 2025 reported EBITDA forecast to CHF 53–57 million, while underlying adjusted EBITDA expectations remain unchanged at CHF 63–67 million, underscoring both the short-term financial hit and the group’s continued commitment to its value-focused M&A strategy.
The most recent analyst rating on (CH:CICN) stock is a Buy with a CHF185.00 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
Cicor Technologies is a globally active provider of comprehensive electronic solutions, offering services from research and development to manufacturing and supply chain management. With around 4,600 employees in 14 countries, the company serves leading customers in the healthcare and medical technology, industrial, and aerospace and defense sectors, and its shares are listed on the SIX Swiss Exchange.
Average Trading Volume: 16,626
Current Market Cap: CHF585.9M
Learn more about CICN stock on TipRanks’ Stock Analysis page.