Overview
- The deal, executed through Amber’s ILJIN Electronics arm, secures a 40.24% share in Unitronics and brings Amber’s total holding to 45.13% alongside Haim Shami.
- Amber will pay NIS 156 million (Rs 404 crore) for the stake and expects to complete the acquisition within 60 business days of signing.
- Unitronics reported $57 million in 2024 revenue with 30% EBITDA margins and held a $110 million market capitalization at year-end.
- Amber aims to combine its backward‐integrated manufacturing footprint with Unitronics’s portfolio of PLCs, HMIs, VFDs, Servo Drives and UniCloud SaaS to accelerate its Industry 4.0 offerings.
- Shares of Amber Enterprises rose just over 2% on the announcement, reflecting positive investor sentiment toward the strategic expansion.