Synopsis:
The company acquired Unitronics through its subsidiary, ILJIN Electronics (India) Private Limited, for NIS(New Israeli Sheqel) 156 million.
The company, engaged in consumer durables, electronics, railway sub-systems, and defence, is in focus after acquiring Unitronics, an Israel-based company.
With a market capitalization of Rs. 25,251 Crores, shares of Amber Enterprises India Limited opened at Rs. 7,294.85 per equity share, from its previous day’s closing price of Rs. 7,265.80, and made an intra-day high of Rs. 7,494.00.
Acquisition Details
Amber Enterprises India Limited, through its key subsidiary ILJIN Electronics (India) Pvt. Ltd., has taken a big step to expand its business globally. ILJIN signed a formal agreement to acquire around 40.24 percent stake in Unitronics, a well-known industrial automation company based in Israel. With this deal, ILJIN and Mr. Haim Shani will jointly hold about 45.13 percent of Unitronics, giving them significant control of the company.
Unitronics, established in 1989 and listed on the Tel Aviv Stock Exchange since 2004, specializes in industrial automation products. These include PLCs (programmable logic controllers), HMIs (human-machine interfaces), VFDs (variable frequency drives), servo drives, and smart industrial systems like IIoT (Industrial Internet of Things) supported by UniCloud, a SaaS platform for business intelligence.
The acquisition supports Amber’s strategy to grow its electronics division and expand into advanced industrial applications. By bringing in Unitronics’ technology and expertise, Amber Enterprises India Limited plans to strengthen its manufacturing capabilities in India and improve its presence in global markets, especially in the U.S. and Europe. It also fits well with the rising demand for Industry 4.0 solutions technologies that use real-time data to improve productivity and automation.
The deal was done through a cash transaction worth NIS (New Israeli Sheqel) 156 million , involving the purchase of over 5.6 million shares of Unitronics at a price of NIS 27.75 per share. The acquisition is expected to be completed within 60 business days from the date of signing.
Company Profile
Amber Group is a well-established Indian company that provides a wide range of manufacturing solutions across three key areas: Consumer Durables, Electronics, and Railway and Defense Systems.
In the Consumer Durables segment, Amber is a market leader in making room air conditioners (RACs) and their important parts like heat exchangers, copper tubes, and plastic components for major Indian and global brands. Its Electronics division focuses on producing printed circuit boards (PCBs) and PCB assemblies used in products like home appliances, cars, industrial equipment, and aerospace systems.
The company is also known for making advanced types of PCBs, including multi-layer and flexible boards. In the Railway and Defense sector, Amber delivers complete solutions for train components and custom HVAC systems used in buses, telecom centers, and defense applications. Over the past 30 years.
The company’s revenue from operations surged from Rs. 6,729 crores in FY24 reaching Rs. 9,973 crores in FY25, reflecting strong business growth. Net profit also rose from Rs. 139 crores to Rs. 251 crores, indicating better cost management and profitability. These figures highlight an improvement in both revenue and overall financial performance.
Written by: Sudeep Kumbar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
