April 25, 2017 9:35 PM ET

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Company Overview of Jumbo Electronics Company Limited (LLC)

Company Overview

Jumbo Electronics Company Limited (LLC) distributes and retails consumer electronics and information technology products. The company offers cameras, tape recorders and players, studio vision mixers and editing equipment, monitors, interface products, audio mixers, microphones, professional tapes, and spare parts; and accessories, such as carry cases, tripods, chargers, batteries, and lights. It also manufactures freezers. In addition, the company offers professional services and managed services that enables clients to plan, build, support, manage, improve and innovate the lifecycle of IT infrastructure; supplies, installs, tests, and commissions air-conditioning, plumbing and drainage, fir...

Al Gurg Building

Tareq Bin Ziyad Road

P.O. Box 3426

Dubai,  

United Arab Emirates

Founded in 1974

Phone:

971 4 336 7999

Fax:

971 4 336 0480

Key Executives for Jumbo Electronics Company Limited (LLC)

Chief Executive Officer
Director of Finance
Head of Central Service
Head of Corporate Marketing and Communications
Director of Marketing
Compensation as of Fiscal Year 2016.

Jumbo Electronics Company Limited (LLC) Key Developments

Jumbo Electronics Seeks To Exit India

Jumbo Electronics Company Limited (LLC) seeks to exit India. Jumbo Electronics Company Limited (LLC), Dubai’s largest consumer electronics retailer, has decided to exit India due to mounting losses, and is in talks with Hotspot, the cellphone retail chain Spice Retail Limited of Spice Mobility Limited, to sell off its assets. Jumbo, which has already informed its 145-odd staff in India to look for a change, will move out by March 2017 this year, shutting its 16 stores. A team from Dubai is undertaking the closure procedure. An email sent to Jumbo Group in Dubai did not elicit any response. Hotspot’s Director Subhasish Mohanty confirmed that the group had initiated talks with Jumbo and was keen to acquire the stores with its fixtures.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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