- The Electronic Division of Amber Group, IL JIN Electronics, has entered into definitive agreements to take a controlling stake in Unitronics (1989) (R”G) , a public company incorporated in Israel with shares traded on the Tel Aviv Stock Exchange
- Unitronics is a prominent global player based out of Israel, offering comprehensive solutions in Industrial Automation and Control Systems such as PLCs, HMIs, PLCs with integrated HMIs, VFDs and In the calendar year 2024, the company achieved a turnover of ~USD 57 million with ~30% EBITDA margins and has a market capitalization of ~USD 110 million
Mumbai, India; July 28th, 2025: IL JIN Electronics India Pvt Ltd, a material subsidiary of Amber Group, has entered into definitive agreements for taking controlling stake in Israel based Unitronics (1989) (R”G) Ltd.
Unitronics offers an extensive range of industrial automation products designed to meet the unique requirements of different applications including design, development, manufacturing, marketing, sale and support of products such as PLCs (Programmable logic controllers), HMIs (HumanMachine Interface), PLCs with integrated HMIs, VFDs (Variable Frequency Drives),Servo Drives, SaaS solutions like UniCloud, and Industrial Internet of Things (IIoT) with built- in business intelligence, supported by its all-in-one software for machine and process control across various industries.
Unitronics has a robust global presence, delivering its solutions worldwide through an extensive sales network with US and European market contributing ~55% and ~40% of its sales respectively.
Unitronics is set to leverage IL JIN’s extensive electronic manufacturing expertise and pan-India presence to enhance operational synergies, accelerate innovation, and strengthen its product position in India.
The acquisition aligns with Amber Electronic Division’s strategy to expand its product portfolio in industrial applications. The combined strength lays a strong foundation for accelerated growth by localizing manufacturing through backward integration, enhancing competitiveness in India, and gaining access to global markets like the US and Europe amid rising demand for Industry 4.0 and real-time data technologies.
Mr. Jasbir Singh, Executive Chairman and CEO of Amber Group, said: “This transaction will significantly strengthen Amber’s Electronic Division by providing a strong foothold in the rapidly growing sector of Industry 4.0 solutions and real-time data-driven technologies.
This strategic move marks a significant expansion for IL JIN, Amber’s Electronic Division, as it broadens its portfolio from Consumer Durables, Hearable and Wearable, Telecom, Automotive, Energy Meters, and Defence into the industrial electronics segment with global access.
The partnership aims to leverage the capabilities of both organisations to achieve sustainable growth in the field of industrial automation
Mr. Haim Shani, Joint Chairman of Unitronics, who will continue to serve on the board and closely work with the Amber leadership, said: “This strategic partnership with Amber Group represents a pivotal moment in our journey. Driven by a shared vision, this collaboration aims to unlock powerful synergies and scale the business to new heights. By joining forces, we intend to accelerate growth, enhance capabilities, and create lasting values for all stakeholders, including our team, partners, and customers. I express full commitment to the company’s future and excited to work alongside our new partners as we enter this transformative phase together”.
About Amber Group
Amber Group is highly backward integrated and diversified B2B solutions across three business segments: Consumer Durables, Electronics (including EMS), and Railway Subsystems s Defence. With deep-rooted engineering capabilities and a pan-India manufacturing footprint of 30 plants, Amber is evolving as a diversified solution partner, driving transformation.
Amber Group has established itself as a B2B market leader and the most backward-integrated player in the RAC (Room Air Conditioners) and CAC (Commercial Air Conditioner) industry. The Consumer Durable Division provides comprehensive and integrated solutions to the HVAC sector, serving as a trusted manufacturing partner to various prominent multinational corporations and Indian durable goods companies.
The Electronics Division of Amber Group is a leading PCB (Printed Circuit Board) Assembly and Bare PCBs including single-sided, double-sided, multi-layer, RF, flexible and specialty PCBs, catering to multiple customers across various business applications such as consumer durables, automotive, telecom, industrials, smart electronics, aerospace C defence.
Through its Railway Subsystems and Defence division, Amber Group stands out as a market leader, providing integrated solutions for critical subsystems like HVAC, Pantry, Automated Doors, Gangways, Pantograph, Coupler, Driving Gear, and Brakes for rolling stock customers. The division also offers customized HVAC solutions for diverse uses across sectors such as data centres, buses, and defence.
