Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings
Wipro Limited (WIT)
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Source: Business Wire
BARI, Italy & BENGALURU, India--(BUSINESS WIRE)--Wipro Hydraulics and Indeco Ind Spa are proud to announce that they have entered into a definitive agreement for Wipro to acquire Indeco Ind Spa. This landmark partnership comes at a symbolic moment, as both companies celebrate 50 years of engineering excellence and market leadership.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260416582301/en/Indeco manufacturing facility in Bari, ItalyThe union brings together two leaders in their respective fields: Indeco, a global benchmark in hydraulic attachments, and Wipro Hydraulics, one of the world’s largest independent manufacturers of hydraulic cylinders. This strategic move will provide the global reach and industrial strength required to make us even greater while preserving the identity that has defined the brand for half a century.Commenting on the acquisition, Mr. Pratik Kumar, CEO, Wipro Infrastructure Engineering (WIN
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