Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings - Business Wire

Wipro Hydraulics has acquired Indeco, a industrial equipment business in India. Indeco manufactures hydraulic and industrial components used in machinery and industrial equipment applications, supporting Wipro Hydraulics product expansion. Wipro Hydraulics acquisitions focus on adding complementary offerings to strengthen its industrial equipment acquisition strategy and broaden customer coverage. The Indeco acquisition is structured as an add on acquisition and is categorized as a strategic acquisition within manufacturing M&A, with deal size undisclosed and terms set under a definitive agreement.