Amber Group's material subsidiary -- IL JIN Electronics India has entered into definitive agreements for taking controlling stake in Israel based Unitronics (1989) (R'G). Unitronics offers an extensive range of industrial automation products designed to meet the unique requirements of different applications including design, development, manufacturing, marketing, sale and support of products such as PLCs (Programmable logic controllers), HMIs (Human-Machine Interface), PLCs with integrated HMIs, VFDs (Variable Frequency Drives), Servo Drives, SaaS solutions like UniCloud, and Industrial Internet of Things (IIoT) with built-in business intelligence, supported by its all-in-one software for machine and process control across various industries.
Unitronics is set to leverage IL JIN's extensive electronic manufacturing expertise and pan-India presence to enhance operational synergies, accelerate innovation, and strengthen its product position in India. The acquisition aligns with Amber Electronic Division’s strategy to expand its product portfolio in industrial applications. The combined strength lays a strong foundation for accelerated growth by localizing manufacturing through backward integration, enhancing competitiveness in India, and gaining access to global markets like the US and Europe amid rising demand for Industry 4.0 and real-time data technologies.
This strategic move marks a significant expansion for IL JIN, Amber's Electronic Division, as it broadens its portfolio from Consumer Durables, Hearable and Wearable, Telecom, Automotive, Energy Meters, and Defence into the industrial electronics segment with global access. The partnership aims to leverage the capabilities of both organisations to achieve sustainable growth in the field of industrial automation.
Amber Enterprises India is a prominent solution provider for Air conditioner OEM/ODM Industry in India.
| Company Name | CMP |
|---|---|
| Voltas | 1310.00 |
| Blue Star | 1684.90 |
| Amber Enterprises | 7460.00 |
| Bosch Home Comfort | 1441.30 |
| EPACK Durable | 231.00 |
| View more.. | |
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