Redington India’s a step-down subsidiary-- Redington Gulf FZE, (Redington Gulf) has acquired additional 15.2% stake in Citrus Consulting Services FZ LLC (Citrus), its subsidiary company. With this acquisition, the total holding of Redington Gulf in Citrus had increased from 84.8% to 100%. Approval of Dubai Developmental Authority (DDA) had been obtained for the acquisition.
Redington is one amongst the top supply chain solution providers worldwide to over 100 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products.
