# Amber Enterprises to acquire 50% stake in Resojet

Amber Enterprises has signed an agreement to acquire a 50% stake in Resojet Pvt Ltd, forming a joint venture with LCGC Resolute Appliances to manufacture washing machines and components.

- Type: Acquisition
- Announced: 2024-03-22
- Where: Hyderabad, India
- Status: announced
- Products: washing machines, components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Amber Enterprises](https://endata.com/companies/50753.md) (acquirer)
- [Resojet](https://endata.com/companies/76373.md) (target)
- [LCGC Resolute Appliances](https://endata.com/companies/76374.md) (partner)

## Sources

- [bizzbuzz.news](https://www.bizzbuzz.news/national/amber-enterprises-to-pick-50-stake-in-resojet-1301198), 2024-03-22: "Amber Enterprises, a solution provider for HVAC industry has signed a definitive agreement to acquire 50 per cent stake in Resojet Pvt Ltd."

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