Merger12 Feb 2026, 08:28 am
Black Box Ltd Subsidiary to Acquire Leading Brazilian Solutions Integrator 2S for around Rs. 275 Crores
AI Summary
Black Box Ltd's step-down subsidiary, Black Box do Brasil Industria e Comercio Ltda., has entered into a definitive acquisition agreement to acquire 2S Inovacdes Tecnoldgicas, a leading Brazilian solutions integrator. The deal is valued at around Rs. 275 Crores, payable at closing with working capital adjustments and additional deferred payments including earn-outs linked to performance over the next two years. This acquisition is expected to close by end of March 2026 and aligns with Black Box Ltd’s strategy to expand its presence in Latin America, strengthen its end-to-end service portfolio, and accelerate growth in high-value managed and recurring services.
Key Highlights
- Black Box do Brasil Industria e Comercio Ltda., a step-down subsidiary of Black Box Ltd, is acquiring 2S Inovacdes Tecnoldgicas, a leading Brazilian solutions integrator.
- The deal is valued at around Rs. 275 Crores, payable at closing with working capital adjustments and additional deferred payments including earn-outs linked to performance over the next two years.
- The acquisition is expected to close by end of March 2026.
- This acquisition aligns with Black Box Ltd’s strategy to expand its presence in Latin America, strengthen its end-to-end service portfolio, and accelerate growth in high-value managed and recurring services.
- 2S Inovacdes Tecnoldgicas is a solutions integrator of IT infrastructure, technologies, and managed services with a strong legacy of over 35 years in the Brazilian market.