Saturday, July 19, 2025

EMS Leader Dixon Tech Partners with Signify to Expand into Lighting Sector

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Dixon Technologies has been on a significant acquisition spree, recently announcing a 50:50 joint venture with Signify Innovations to create Lightanium Technologies, aimed at expanding its lighting and accessories business. The deal involves transferring Dixon’s lighting operations and its entire stake in subsidiary Dixon Technologies Solutions (DTSPL) to the joint venture, in exchange for a substantial equity stake. Additionally, Dixon will acquire new shares in the JV while Signify will invest cash to take a 49.12% share, facilitating the acquisition of Signify’s LED manufacturing operations. With Dixon’s shares rising over 13% in the past month, the company is also pursuing two other major joint ventures, enhancing its capabilities in high-precision manufacturing and camera modules. Analysts from Nomura and CLSA have issued positive outlooks on Dixon, projecting significant stock price increases due to these strategic expansions.

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