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Redington’s arm acquires additional 24.8% stake in Citrus

Redington’s (India) step-down subsidiary– Redington Gulf FZE, (Redington Gulf) has acquired an additional 24.8% stake in Citrus Consulting Services FZ LLC (Citrus), its subsidiary company.

With this acquisition, the total holding of Redington Gulf in Citrus has increased from 60% to 84.8%.

Redington is one amongst the top supply chain solution providers worldwide to over 100 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products.

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