Black Box Ltd.

Black Box’s step-down subsidiary -- Black Box Do Brasil Industria E Comercio LTDA has entered into a definitive acquisition agreement to acquire 100% equity stake in 2S Inovacoes Tecnologicas (2S), a leading Brazilian solutions integrator. The cost of the acquisition is around Rs 275 crore, payable at closing subject to working capital adjustments and additional deferred payments including earn-outs linked to performance over the next two years. This transaction is subject to customary closing conditions, certain consents and approvals. This transaction is expected to close by end of March 2026.

This acquisition aligns with the company’s long-term strategy to expand its presence in Latin America, strengthen its end-to-end service portfolio, and accelerate growth in high-value managed and recurring services.

Black Box is a global leader in digital infrastructure solutions, delivering network and system integration, managed services, and technology products. With a presence across the United States, Europe, India, Asia Pacific, the Middle East, and Latin America, it serves businesses across financial services, technology, healthcare, retail, public services, and manufacturing.