# Satori Electric to acquire 50.1% stake in SM Electronic Technologies in India

Japanese distributor Satori Electric is acquiring additional shares of SM Electronic Technologies Pvt. Ltd. in Bangalore, India, to make it a consolidated subsidiary with 50.1% ownership, strengthening its presence in the Indian electronics market.

- Type: Acquisition
- Announced: 2023-12-29
- Where: Bangalore, India
- Status: announced
- Products: electronic components, semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Satori Electric](https://endata.com/companies/74709.md) (acquirer)
- [SM Electronic Technologies](https://endata.com/companies/74710.md) (target)

## Sources

- [aei.dempa.net](https://aei.dempa.net/archives/22415), 2023-12-29: "SATORI ELECTRIC announced its intention to acquire additional shares of SM Electronic to make it a consolidated subsidiary"

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