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Thursday, 27 August 2026
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Owning the factory stopped being the point: Switzerland's Cicor buys Singapore EDMI's Johor plant for $20M

Cicor pays $15 million to $20 million for EDMI Electronics in Johor, which handles final assembly for Asia-Pacific, and takes a long-term contract to build most of EDMI's smart meters.

Source — TNGlobal