Swiss electronics manufacturer Cicor Group has sold its production facility in Tunisia as part of a global restructuring initiative, the company announced. The sale, completed on June 18, 2026, involves the transfer of the Tunisian subsidiary to an undisclosed buyer.
Cicor, which specializes in advanced electronics and medical device components, stated that the divestiture aligns with its strategy to focus on core operations in Europe and Asia. The Tunisian plant, located in the industrial zone of Ben Arous, employed approximately 300 workers and produced electronic assemblies for automotive and industrial clients.
Financial terms of the transaction were not disclosed. The company said the move would not affect its other operations in North Africa or the Middle East. Cicor's restructuring plan, announced earlier in 2026, aims to streamline its global footprint and improve operational efficiency.
