Amber Buys Unitronics To Boost India, Global Tech Presence

29 Jul 2025 CW Team

Amber Enterprises, via its material subsidiary IL JIN Electronics India, has acquired a controlling stake in Israel-based Unitronics (1989) (R”G), marking a strategic step to strengthen its presence in industrial automation.

Unitronics will benefit from IL JIN’s deep expertise in electronic manufacturing and pan-India infrastructure, enabling operational synergies, enhanced innovation, and a stronger product foothold within the Indian market.

In 2024, Unitronics reported a turnover of USD 57 million, with EBITDA margins of 30 per cent and a market capitalisation of USD 110 million.

The acquisition is aligned with Amber's electronic division strategy to broaden its product offering in industrial applications. The combined capabilities will accelerate growth by localising manufacturing via backward integration, boosting competitiveness in India, and opening access to high-demand global markets such as the United States and Europe, particularly amid rising interest in Industry 4.0 and real-time data-driven solutions.

Unitronics has a strong international presence, with 55 per cent of its sales derived from the US and 40 per cent from European markets. It offers a comprehensive range of industrial automation products including programmable logic controllers (PLCs), human-machine interfaces (HMIs), integrated PLC-HMI units, variable frequency drives (VFDs), servo drives, and software-as-a-service (SaaS) solutions like UniCloud.

Amber Enterprises’ share price has declined by 3.8 per cent over the last five trading sessions. However, it has returned 7.5 per cent in the past month, 9 per cent over six months, and delivered a 66 per cent gain over the past year, significantly increasing investor value.

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