Synopsis : Amber Enterprises, via its subsidiary IL JIN Electronics India, has acquired a controlling stake in Israel-based Unitronics. This strategic acquisition aims to bolster Amber’s industrial automation portfolio and accelerate innovation in India and global markets.
Amber Group Acquires Controlling Stake in Israel’s Unitronics to Drive Innovation in Industrial Automation.Amber Group, a leading B2B solutions provider in India, has made a significant move to strengthen its foothold in the industrial automation space. Through its material subsidiary IL JIN Electronics India, Amber has acquired a controlling stake in Unitronics (1989) (R”G), a well-established Israeli industrial automation company with global reach.
This acquisition is aligned with Amber’s long-term strategy to diversify its electronic solutions and tap into the growing demand for Industry 4.0 technologies. Unitronics brings to the table a rich portfolio of automation products, including PLCs, HMIs, VFDs, Servo Drives, and cloud-based SaaS platforms like UniCloud.
In 2024, Unitronics reported a revenue of $57 million with an impressive EBITDA margin of 30% and a market cap of $110 million. With the backing of IL JIN’s robust electronic manufacturing capabilities and pan-India presence, Unitronics is set to accelerate innovation, optimize synergies, and expand its market footprint in India and beyond.
The synergy between Unitronics’ product innovation and Amber’s manufacturing strength will facilitate backward integration and help localize production, offering competitive advantages in both domestic and global markets such as the US and Europe.
Globally, Unitronics maintains a strong distribution network, with the US contributing 55% and Europe 40% of its total sales. The acquisition gives Amber immediate access to these mature markets while solidifying its positioning in India’s evolving industrial automation sector.
Meanwhile, Amber Enterprises’ stock has shown varied movement—declining 3.8% over the last five trading days but delivering strong longer-term gains of 66% over the past year, indicating positive investor sentiment toward the company’s strategic expansion.
About Amber Enterprises:
Amber Group operates across three key segments: Consumer Durables, Electronics (EMS), and Railway Subsystems & Defence. With 30 manufacturing facilities across India and deep engineering capabilities, Amber continues to evolve as a diversified B2B solutions provider.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Readers are encouraged to conduct their own research or consult financial experts before making investment decisions.
