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Cicor Records Solid Growth in Q1

04/16/2024 | Cicor
The Cicor Group continued to grow in the first three months of the year. Quarterly sales increased by 11.8% to CHF 107.3 million compared to the first quarter of the previous year (Q1/2023: CHF 96.0 million).

Cicor Successfully Completes Acquisition of TT Electronics IoT Solutions Ltd.

04/03/2024 | Cicor
The Cicor Group has successfully completed the acquisition of TT Electronics IoT Solutions Ltd. with three production sites in the UK and China.

TT Electronics Announces Business Divestment

03/08/2024 | TT Electronics
TT Electronics plc, a global provider of engineered electronics for performance critical applications, today announces it has reached an agreement to sell three business units within the GMS and Power and Connectivity divisions to the Cicor Group for a cash consideration of £20.8 million on a cash and debt free basis1, subject to normal completion account adjustments.

Cicor Reports New Record Figures for Order Intake, Sales and Profitability

03/07/2024 | Cicor
The Cicor Group increased sales in 2023 by 24.5% year-on-year to a new high of CHF 389.9 million (2022: CHF 313.2 million). While organic growth contributed 11.1% and acquisitions 16.4% to sales growth, the appreciation of the Swiss franc slowed sales growth by -3.0%.

TT Electronics Announces Business Divestment

03/05/2024 | TT Electronics
TT Electronics plc, a global provider of engineered electronics for performance critical applications, announces it has reached an agreement to sell three business units within the GMS and Power and Connectivity divisions to the Cicor Group for a cash consideration of £20.8 million on a cash and debt free basis1, subject to normal completion account adjustments.
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