Amber subsidiary acquires controlling stake in Unitronics for NIS 156m
IL JIN Electronics (India) Private Limited, a material subsidiary of Amber Enterprises India, has completed the acquisition of a 40.20% stake in Unitronics (1989) (R"G) Ltd. This acquisition was finalized on October 9, 2025, through ILJIN Holding Ltd, IL JIN's wholly-owned subsidiary based in Israel.
The total purchase price for the 5,624,591 ordinary shares of Unitronics amounted to NIS 156,082,400.25, with a per share price of NIS 27.75. The acquisition involved two main transactions: FIMI Opportunity V, L.P. and FIMI Israel Opportunity V, Limited Partnership sold 4,385,351 ordinary shares for approximately NIS 121,693,490, while Mr. Haim Shani sold 1,239,240 ordinary shares for approximately NIS 34,388,910.
As a result of this acquisition, Unitronics (1989) (R"G) Ltd has become a subsidiary of ILJIN Holding and, consequently, a step-down subsidiary of both IL JIN and Amber. This strategic move establishes a controlling interest in Unitronics for Amber Enterprises India.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Amber Enterprises India publishes news
Free account required • Unsubscribe anytime