CICOR N

Cicor has received orders to supply electronic assemblies for major European aerospace and defense programs. The potential total volume is up to €30 million, with deliveries planned for 2027–2029. The company won a leading European defense contractor as a new customer and now supplies 16 of the 20 largest air, space and defense companies in Europe. » More on finanzen.net

Cicor has entered into a new unsecured credit agreement for CHF 425 million, which replaces existing facilities early and expands the international banking consortium. The financing comprises three committed tranches (CHF 150m revolving facility, CHF 125m amortising term loan, CHF 150m acquisition loan) plus a non‑committed term loan of up to CHF 120m. The loans run for four years with two one‑year extension options, include financial covenants (Net Leverage max. 3.0x; Interest Coverage min. 6.0x) and are intended to provide financial flexibility for acquisitions, organic growth and working capital. » More on de.investing.com

Cicor is entering a strategic manufacturing partnership with EDMI and is acquiring EDMI Electronics Sdn. Bhd. in Malaysia in return; the deal includes a long‑term manufacturing contract. The purchase price for the company, equipment and inventory is indicated at around USD 15–20 million. Cicor expects more than USD 50 million in annual revenue from the smart meters going forward and an additional mid‑double‑digit million franc revenue from 2027, while the impact on the operating margin is assessed as small. Closing is planned for Q4 2026, subject to due diligence, definitive agreements and regulatory approvals; no material earnings effect is expected for 2026 and the outlook remains confirmed. » More on finanzen.net