# Amber Enterprises acquires 20% stake in Sidwal Refrigeration Industries

Amber Enterprises India acquired 9,000 equity shares representing a 20% stake in Sidwal Refrigeration Industries, making it a wholly-owned subsidiary effective 18 September 2020.

- Type: Acquisition
- Announced: 2020-09-18
- Where: India
- Status: completed
- Products: refrigeration equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Amber Enterprises India](https://endata.com/companies/38150.md) (acquirer)
- [Sidwal Refrigeration Industries](https://endata.com/companies/38151.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/news-cm/amber-enterprises-buys-20-stake-in-sidwal-refrigeration-120092100263_1.html), 2020-09-21: "Amber Enterprises India on Saturday (19 September) announced that it acquired 9,000 equity share of face value of Rs 1000 each, comprising of 20% stake, of Sidwal Refrigeration Industries."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.