Swiss Cicor Relocates Tunisia Operations to Morocco Hub

Management is implementing a major reorganization to consolidate its 2025 acquisitions. These structural adjustments will result in the elimination of 220 positions globally, representing 5% of the company’s total workforce. Despite implementation costs expected mainly in the first half, the manufacturer expects to generate over 10 million Swiss francs in annual savings. The company is also maintaining its financial targets for 2026, projecting revenues of up to 750 million Swiss francs.

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It is within this efficiency dynamic that the group is divesting its Tunisian infrastructure and its 90 employees for 1.3 million euros, according to EQS News. This sale, scheduled for this month, will have no impact on revenue since the customer base is retained. From now on, North African production will be exclusively centralized near Casablanca, within the Moroccan sites of Témara and Berrechid. These will also consolidate the former Éolane and Valtronic facilities.

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This restructuring extends far beyond the African continent. The electronics specialist is simultaneously relocating its plastic injection molding operations from Singapore to Batam, Indonesia. In Europe, manufacturing lines based in Geneva are being transferred to Newport in the United Kingdom and Bronschhofen in Switzerland. To complete this process, the company is streamlining management structures in France, Switzerland and Germany, while preserving the activity of its local factories.