Cicor agrees to buy EDMI's Malaysia manufacturing unit for USD 15 million-20 million

(AWP Alliance News) - Cicor Technologies agreed to buy EDMI's Johor, Malaysia manufacturing subsidiary, EDMI Electronics, as EDMI shifts from in-house production to an outsourcing model. The deal values the shares, manufacturing assets, and inventory at about USD 15 million to USD 20 million, subject to closing adjustments.

Cicor will also become EDMI's main contract manufacturer under a long-term agreement, with annual revenue for Cicor expected to exceed USD 50 million. Closing is expected in Q4 2026, subject to customary conditions and Malaysian regulatory approvals.

https://www.publicnow.com/view/C09480E4F929EE401EDB2B19AE9714F1378834B5…

Disclaimer: This news brief was created using generative artificial intelligence. Cicor Technologies SA published the original content used to generate this news brief via EQS News on July 28, 2026, and is solely responsible for the information contained therein.