sur Cicor Technologies Ltd (isin : CH0008702190)
Cicor Divests Tunisian Site, Enhances Productivity for CHF 10M EBITDA Boost
On June 16, 2026, Cicor Group unveiled its strategy to enhance profitability following its 2025 acquisitions, forecasting an annual EBITDA increase exceeding CHF 10 million. This plan includes divesting its Tunisian facility and optimizing operations globally.
By June 2026, the divestiture of the Tunisian site, involving 90 employees, is expected to finalize. Despite a projected CHF 300,000 impact on net profit, revenue remains unaffected due to retained customer relations. Operations in North Africa will consolidate in Morocco, leveraging existing Éolane and Valtronic facilities.
Additional steps involve transferring production from Geneva to sites in the UK and Switzerland, relocating tool-making from Singapore to Indonesia, and enhancing operational efficiency in Switzerland, Germany, and France. Overall job reductions amount to 220 positions, streamlining the workforce by 5%.
R. E.
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