Zetwerk’s acquisition of Unimacts will position the company for additional expansion and diversification, providing immediate access to marquee solar and wind-power customers. Additionally, Zetwerk will gain access to the large-scale consolidated demand Unimacts has generated thus far, which will be serviced by the company’s massive global supply base. Similarly, the company will benefit from Unimacts’ notable industry expertise in renewable energy manufacturing and an endless supply of highly specified mechanical products, logistics support, design for manufacturing, inventory management, and near-customer warehousing.
For Unimacts, this acquisition will equip the company with the necessary capital to scale up its presence in the U.S., Europe, and Mexico, along with access to a strong offshore footprint in India and Vietnam. Overall, Unimacts’ customer relations, supply partners and business operations will remain unaffected.
Zetwerk’s 2021-2022 financial results showcased strong growth across categories. The company’s gross merchandise value grew six-fold, to $770 Million from $130 Million, and the operating revenue expanded to $670 Million from $110 Million in 2020-2021. The company is on track to do well over $1 billion in revenue in the current fiscal year.
Zetwerk has more than 2000 customers across North America, Asia-Pacific and the Middle East, and a network of more than 10,000 manufacturing partners worldwide.