Walton Hi-Tech Industries PLC is set to merge with Walton Digi-Tech Industries Limited, a move expected to strengthen the company’s position in the high-tech and digital manufacturing sector stated in a report.
The merger will combine Walton Hi-Tech’s wide range of household and electrical appliances with Walton Digi-Tech’s portfolio of laptops, computers, mobile phones, PCBs, and electric bikes. The consolidation is anticipated to expand market reach, reduce operational costs, and enhance Bangladesh’s status as a hub for advanced technology production.
Walton Digi-Tech, known for producing 123 types of high-tech products, established the country’s first mobile phone and PCB manufacturing facility. The company has earned a strong reputation for offering innovative technology at competitive prices in both local and international markets.
As of June 2024, Walton Digi-Tech reported a net revenue of over Tk10.15 billion and a profit after tax of Tk181 million. Walton Hi-Tech, meanwhile, posted revenue of Tk75.12 billion and a profit after tax of Tk13.56 billion.
The merger is expected to open new opportunities in domestic and overseas markets, with Walton expanding into Europe, America, Asia, the Middle East, and Africa. The company has also started operations in seven new countries in the 2024–25 fiscal year.
In addition, Walton is investing in a lithium battery plant and plans to produce environment-friendly e-bikes on a large scale, targeting the growing demand for sustainable mobility solutions.
The move is seen as a strategic step to combine innovation, sustainability, and price competitiveness, further cementing Walton’s lead in both domestic and international markets.
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