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Amber Enterprises India LimitedJV/Acquisition, 06-10-2025: Acquisition

06-10-2025 | 01:16 pm

Amber Enterprises, via its subsidiary IL JIN Electronics, has made a strategic move to acquire approximately 40.24% stake in Unitronics (1989) (R”G) Ltd. for NIS 156,082,400.3. This acquisition, channeled through a newly formed Israeli subsidiary ILJIN Holding Ltd, is a significant step for Amber’s Electronic Division. The deal aims to expand into industrial applications, boost backward integration for local manufacturing, and enhance competitiveness in the Indian market. It also provides access to global markets like the US and Europe, aligning with growing demand for Industry 4.0 solutions.

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