Cicor Technologies Plans to Acquire TT Electronics

Cicor Technologies Ltd, listed on the SIX Swiss Exchange, announced its intention to acquire UK-based TT Electronics Plc, with support from TT's Board of Directors. The offer includes 100 pence in cash and 0.0028 Cicor shares per TT share. The deal is valued at approximately CHF 303 million, or £287 million, and awaits TT shareholders' vote in December 2025.

If approved, the merger would create the largest global EMS business in the high mix, low volume sector. This strategic acquisition aligns with Cicor’s goal of expanding its footprint in the electronics market, focusing on industrial, aerospace, defense, and healthcare sectors.

Post-acquisition, TT will delist from the London Stock Exchange, with Cicor absorbing TT’s executive talents and capabilities. This union is expected to bolster Cicor’s financial profile through synergies and strategic fit, enhancing their growth potential.