Amber Enterprises Share Price Surges Over 2% as its Arm to Acquire 40% Stake in Israel’s Unitronics

ILJIN Electronics (India) Pvt Ltd, a material subsidiary of Amber Enterprises India Ltd, has signed definitive agreements to acquire a 40.24% stake in Unitronics (1989) (R"G) Ltd, an Israeli public company known for its industrial automation solutions. Following the deal, ILJIN and Unitronics’ existing shareholder, Mr. Haim Shani, will jointly hold a 45.13% controlling stake, positioning Unitronics as a subsidiary of ILJIN under applicable accounting and regulatory standards.

Strategic Entry into Industrial Automation

The transaction, executed on 27 July 2025, includes both a Share Purchase Agreement and a Shareholders’ Agreement with Unitronics’ controlling shareholders — FIMI Opportunity V, L.P., FIMI Israel Opportunity V, and Mr. Haim Shani. Through this, ILJIN will acquire 5,624,591 shares at a price of NIS 27.75 per share, totalling NIS 156.08 million.

Founded in 1989, Unitronics has been listed on the Tel Aviv Stock Exchange since 2004 and is headquartered in Airport City, Israel. It specialises in industrial automation products like PLCs (Programmable Logic Controllers), HMIs (Human-Machine Interfaces), VFDs (Variable Frequency Drives), Servo Drives, and SaaS platforms such as UniCloud, incorporating Industrial IoT (IIoT) with business intelligence. Its revenue stood at NIS 192.2 million in 2024, following NIS 211.7 million in 2023.

Boosting Global Competitiveness

Amber Enterprises stated the deal is a strategic move to expand its electronic division into industrial applications, aiming to leverage backwards integration and localise manufacturing. The acquisition aligns with the company’s goals to cater to the rising demand for Industry 4.0 and real-time data-driven technologies, while also gaining access to global markets, including the US and Europe.

The transaction is expected to be completed within 60 business days from the effective date and is being executed through cash consideration. The company also clarified that Unitronics, FIMI and Mr. Shani are not related parties, and no special rights like board nominations or capital structure restrictions are included in the agreements.

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Amber Enterprises Share Price Performance 

As of July 28, 2025, at 12:44 PM, Amber Enterprises India share price is trading at ₹7,466.50 per share, reflecting a gain of 2.65%. Over the past month, the stock has declined by 10.30%.

Conclusion

The proposed acquisition of Unitronics, ILJIN and by extension Amber Enterprises, marks a decisive step into the global industrial automation landscape. The deal not only strengthens Amber’s portfolio in next-gen electronics but also opens a gateway to advanced manufacturing capabilities and international growth opportunities in high-tech markets.

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