Brief: Cicor: Enters Into Strategic Supply Partnership With Mercury

Cicor Technologies

15/04/2025 06:05

April 15 (Reuters) - Cicor Technologies Ltd CICN.S:

CICOR AND MERCURY ENTER INTO A STRATEGIC SUPPLY PARTNERSHIP

CICOR WILL ACQUIRE A MANUFACTURING OPERATION IN PLAN-LES-OUATES (SWITZERLAND)

TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN APPROXIMATELY ONE MONTH

MERCURY HAS COMMITTED TO CICOR TO PURCHASE OVER NEXT 5 YEARS PRODUCTS WITH A TOTAL VALUE IN HIGH DOUBLE DIGIT MILLION CHF RANGE

BOTH PARTIES INTEND TO FURTHER DEEPEN STRATEGIC BUSINESS RELATIONSHIP, WHICH SHOULD CREATE ADDITIONAL REVENUE POTENTIAL IN COMING YEARS

Source text: ID:nEQDp0xCa

Further company coverage: CICN.S

 (Reporting by Berlin Newsroom)

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