M&A M&A
Wipro Infra Engg acquires US-based Columbus Hydraulics
Source PTI (opens in a new tab)
Wipro Hydraulics, part of Wipro Infrastructure Engineering, has acquired 100% stake in US-based Columbus Hydraulics through its hydraulics cylinder manufacturing business unit Wipro Hydraulics.Headquartered in Nebraska, Columbus brings 150 skilled employees and a plant spanning 1,20,000 sq ft.This is Wipro Engineering’s second acquisition in North America. It had earlier acquired Canada’s Mailhot Industries.