Amber Enterprises India Limited — Updates, 28-07-2025: Press Release
28-07-2025 | 05:44 am
28-07-2025 | 05:44 am
Amber Group's electronics arm, IL JIN Electronics, is acquiring a controlling stake in Israel-based Unitronics (1989) (R"G) Ltd. Unitronics is a global leader in Industrial Automation and Control Systems (PLCs, HMIs). It reported a calendar year 2024 turnover of ~USD 57 million with ~30% EBITDA margins and has a market capitalization of ~USD 110 million. This strategic move expands Amber's electronics portfolio into industrial applications. The acquisition aims for accelerated growth by localizing manufacturing, enhancing competitiveness in India, and gaining access to global markets like the US and Europe amid rising demand for Industry 4.0 solutions.
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