Indeco Acquired by Wipro Hydraulics | Manufacturing M&A Deal

Wipro Hydraulics has signed an agreement to acquire Indeco, a industrial equipment business in India. Wipro Hydraulics acquisitions focus on expanding industrial equipment capabilities, and the Indeco acquisition strengthens its position in manufacturing M&A for hydraulic and industrial components. Indeco supports industrial customers with engineered products used in machine building and related applications, aligning with Wipro Hydraulics strategic acquisition priorities. The add on acquisition is structured as an add-on deal under a strategic acquisition approach, with deal size undisclosed and terms to be finalized ahead of expected closing.