Walton Hi-Tech Industries is going to merge with Walton Digi-Tech Industries, a non-listed technology product manufacturer, aiming to expand its business portfolio, reduce operational costs, and improve efficiency.
The merger will add numerous high-tech products to Walton's portfolio, including laptops, computers, mobile phones, printed circuit boards (PCBs), and electric bikes.
"This will significantly enhance the company's operational capacity, expand market reach, and reduce operational costs," said the company.
Walton Digi-Tech is a leading manufacturer, marketer, and exporter of technology products of Walton Group. Currently, it produces and markets 123 types of high-tech products and accessories, including mobile phones and IT products.
"Walton Digi-Tech has a strong reputation in local and international markets. By merging with such a reputable company, the listed firm's business will expand further," said Md Ziaul Alam, CFO of Walton Hi-Tech Industries.
This strategic merger is expected to create a substantial competitive advantage for Walton Hi-Tech and boost its profitability in the future.
Walton Hi-Tech Industries has gained a leadership position in the domestic market for electrical and electronic products and home appliances. It produces, markets, and exports a wide range of home and electrical appliances, including refrigerators, compressors, air conditioners, televisions, elevators, fans, cables, and washing machines.
Walton holds around 75 per cent share of the refrigerator market and accounts for half of all television sales in Bangladesh. Alongside refrigerators, freezers, air conditioners, televisions, and compressors, it has branched out into manufacturing elevators.
Walton Hi-Tech's H1 performance
Walton Hi-Tech Industries secured more than 19 per cent year-on-year growth in profit to Tk 3.63 billion in the first half of FY26, driven by higher sales, a stable exchange rate, and lower operating expenses.
The electronic and home appliance giant's earnings per share rose to Tk 10.90 in July-December 2025 from Tk 9.14 in the same period a year earlier, according to a stock exchange filing on Sunday.
Higher sales and significantly lower finance costs, largely due to stability in the forex market after partial payment of debts, helped secure profit growth, said the company in its earnings note.
The company's sales grew 8.5 per cent year-on-year to Tk 27.62 billion in July-December 2025.
Following the news, Walton's stock closed at Tk 385.1 on Sunday, gaining 0.23 per cent over the previous day despite the overall market ending in the red.
Walton Hi-Tech is the sixth-largest listed firm in terms of market capitalisation. Its market cap stood at Tk 128 billion as of Sunday.
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