Amber Enterprises India Ltd on Monday announced that its material subsidiary, IL JIN Electronics (India) Pvt Ltd (ILJIN), has successfully completed the acquisition of 100% equity stake in ILJIN Holding Ltd, a newly incorporated company registered in Israel. This development makes ILJIN Holding a wholly owned subsidiary of ILJIN and a step-down subsidiary of Amber Enterprises.
Purpose and financial details
The acquisition, completed on October 6, 2025, aims to support ILJIN’s previously announced strategic acquisition of Unitronics (1989) (R”G) Ltd., in which ILJIN is purchasing approximately 40.24% of Unitronics’ share capital for NIS 156.08 million.
To fund the transaction and meet operating expenses, ILJIN infused NIS 15.79 crore into ILJIN Holding — including NIS 11.04 crore as equity (11,04,39,476 ordinary shares) and NIS 47.48 million as an unsecured loan.
Strategic rationale
According to the company, ILJIN Holding will serve as a special purpose vehicle (SPV) to facilitate ILJIN’s international investments and acquisitions. The move aligns with Amber’s electronic division strategy to expand into industrial automation and Industry 4.0 applications, enhancing its competitiveness through backward integration and localization of advanced manufacturing capabilities.
The acquisition, undertaken on an arm’s length basis, also positions Amber Enterprises to access global markets such as the U.S. and Europe, strengthening its foothold in the electronics and industrial systems segment.
The company stated that no regulatory approvals were required for this transaction, and the deal was executed entirely in cash consideration.
This marks another milestone in Amber Enterprises’ push toward becoming a global player in electronic component manufacturing and industrial automation systems.
