Wipro to acquire stakes in Italian firm Indeco
Wipro Group firm, Wipro Infrastructure Engineering's part, Wipro Hydraulics, is set to acquire majority stakes in the Italian hydraulic hammer maker Indeco Ind Spa. The Italian firm is known for the production of hydraulic hammers, mulching heads, shears, and other demolition-related attachments for the construction, demolition, and recycling industries.
This acquisition strengthens Wipro's global presence and product range.
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