Archive · 28 Jul 2025
Amber Enterprises to Acquire Unitronics, Stock Rises on News
Amber Enterprises, a company making home appliances and auto parts, is buying a major part of Unitronics, an Israeli company that makes automation products.
This is like buying a part of a company that makes the brains for factories.
Amber wants to use its experience in manufacturing and sell these products in India and other places like the US and Europe.
The deal is worth about Rs 404 crore, and Amber's stock went up when the news came out.
Amber Enterprises' arm, ILJIN Electronics, will acquire a controlling stake in Unitronics.
Unitronics is an Israeli industrial automation company with products like PLCs and HMIs.
The acquisition aims to expand Amber's electronics division into industrial applications.
Amber will purchase up to 40.24% of Unitronics' shares for Rs 404 crore.
Amber Enterprises' stock rose 2.13% following the announcement of the deal.
- Who
- ILJIN Electronics (Amber Enterprises) is buying Unitronics from FIMI Opportunity V, KP, and Haim Shami.
- What
- Amber Enterprises (via ILJIN Electronics) will acquire a controlling stake in Unitronics.
- When
- The acquisition is expected to be completed within 60 business days of the agreement.
- Where
- Unitronics is an Israeli company, while Amber Enterprises is based in India.
- Why
- To expand into industrial applications and leverage backward integration for manufacturing, catering to growing demand and expanding markets.
- Acquisition
- Controlling stake in Unitronics
- Buyer
- Amber Enterprises (via ILJIN)
- Seller
- Unitronics, FIMI Opportunity V, KP, Haim Shami
- Purchase Price
- Rs 404 crore
- Unitronics Revenue (2024)
- $57 million
- Unitronics Specialties
- PLCs, HMIs, IIoT, SaaS
- Stock Reaction
- Amber Enterprises shares up 2.13%
