Cicor closes strategic partnership with Mercury and strengthens market leadership in the European defence sector

Media Release

Bronschhofen, June 3, 2025 - Cicor Group (SIX Swiss Exchange: CICN) announces today the successful completion of the strategic supply partnership with Mercury Mission Systems International S.A. (Mercury) announced in April.

As part of the partnership, Cicor has acquired Mercury’s electronics manufacturing site in Plan-les-Ouates, Geneva, Switzerland, as planned. The site comprises 34 employees. Mercury and Cicor have agreed to transfer production to Cicor’s sites in Newport (UK) and Bronschhofen (Switzerland) over the next 18 months.

Mercury has committed to sourcing products from Cicor over the next five years. Furthermore, both companies intend to strengthen their strategic partnership in the long term, which is expected to generate additional revenue in the future.

Cicor was selected as Mercury’s preferred outsourcing partner thanks to its technological expertise, comprehensive development and manufacturing capabilities, and strong presence throughout Europe. The acquisition of seven Eolane sites in France and Morocco in April 2025, combined with the announced signing of a share purchase agreement to acquire MADES S.A.U. in Spain, further strengthens Cicor’s position as the leading pan-European provider of mission-critical electronic solutions in the aerospace and defence sector.

The Cicor Group is a globally active provider of full-cycle electronic solutions from research and development to manufacturing and supply chain management. Cicor’s approximately 4,300 employees in 12 countries are serving leaders from the medical, industrial and aerospace & defence industries. Cicor creates value to its customers through the combination of customer-specific development solutions, high-tech components, as well as electronic device manufacturing. The shares of Cicor Technologies Ltd. are traded at the SIX Swiss Exchange (CICN). For further information, please visit the website www.cicor.com.