{"id":952010,"date":"2026-04-16T10:10:17","date_gmt":"2026-04-16T14:10:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wipro-hydraulics-signs-definitive-agreement-with-indeco-to-expand-product-offerings\/"},"modified":"2026-04-16T10:10:17","modified_gmt":"2026-04-16T14:10:17","slug":"wipro-hydraulics-signs-definitive-agreement-with-indeco-to-expand-product-offerings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wipro-hydraulics-signs-definitive-agreement-with-indeco-to-expand-product-offerings\/","title":{"rendered":"Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings<\/b><\/p>\n<p>BARI, Italy &amp; BENGALURU, India&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWipro 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 <b>both companies celebrate 50 years of engineering excellence and market leadership.<\/b><\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260416582301\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260416582301\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260416582301\/en\/2776555\/4\/Indeco2.jpg\" alt=\"Indeco manufacturing facility in Bari, Italy\" \/><\/p>\n<p style=\"font-size:85%\">Indeco manufacturing facility in Bari, Italy<\/p>\n<\/div>\n<p>\nThe union brings together <b>two leaders in their respective fields<\/b>: Indeco, a global benchmark in hydraulic attachments, and Wipro Hydraulics, one of the world\u2019s 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.<\/p>\n<p><b>Commenting on the acquisition, Mr. Pratik Kumar, CEO, Wipro Infrastructure Engineering (WIN) &amp; Managing Director, Wipro Enterprises, said:<\/b><i>&#8220;This acquisition marks a milestone for us and an entry into a new adjacent space for our hydraulics business.<\/i><i>It fulfils our quest for growth while expanding opportunities to serve our customers better.\u201d<\/i><\/p>\n<p><b>Mr. Sitaram Ganeshan, President, Wipro Hydraulics, said:<\/b><i>&#8220;This acquisition adds attachments to our current hydraulic cylinder portfolio thereby broadening our customer offering. Our value proposition is enhanced with the expanded manufacturing &amp; distribution footprint and talent. Wipro Hydraulics and Indeco each brings a 50-year legacy, with strong product positioning built on innovation, quality, reliability, and customer service.&#8221;<\/i><\/p>\n<p><b>Ms. Susanna Vitulano, CEO of Indeco Ind Spa, commented:<\/b><i>&#8220;It has been a privilege to be part of this incredible journey as we built Indeco into a respected global brand. Today, our products are synonymous with reliability and superior service. Wipro is the perfect partner to nurture our next phase of growth. Indeco will leverage enhanced R&amp;D capabilities and a vast global network to further develop its existing organisation and products.\u201d<\/i><\/p>\n<p><i>\u201cThe Vitulano family remains deeply committed to this partnership, staying fully and operationally involved in Indeco. This ensures that the passion and values that built Indeco will continue to help us flourish <b>within the Wipro Group<\/b>.&#8221;<\/i><\/p>\n<p>\nThis partnership was facilitated by PwC as Wipro\u2019s financial advisor, with A&amp;O Shearman serving as legal advisors. On Indeco\u2019s side, BNP Paribas and KT&amp;Partners acted as financial advisors with PedersoliGattai acting as legal advisors.<\/p>\n<p><b>About Wipro Infrastructure Engineering<\/b><\/p>\n<p>\nWipro Infrastructure Engineering, a part of Wipro Enterprises, is a diversified business with expertise spanning five decades of engineering and manufacturing excellence in Hydraulics, Industrial Automation, Aerospace, Water Treatment, Additive Manufacturing and Electronic Materials. Wipro Hydraulics specializes in designing and manufacturing custom-built Hydraulic Cylinders for applications in diverse segments such as Construction &amp; Earthmoving, Material &amp; Cargo Handling, Forestry, Farm &amp; Agriculture, Mining, and Truck Tipping Solutions. Wipro Hydraulics operates 16 manufacturing facilities globally.<\/p>\n<p>\nFor more information visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wiproinfra.com&amp;esheet=54513399&amp;newsitemid=20260416582301&amp;lan=en-US&amp;anchor=www.wiproinfra.com&amp;index=1&amp;md5=a000bbab87166a2d1ec6a63cce457829\">www.wiproinfra.com<\/a>.<\/p>\n<p><b>About Indeco Ind Spa<\/b><\/p>\n<p>\nIndeco Ind Spa, established in 1976, is an Italy based company focused on Attachments in Construction, Demolition and Recycling industries. Key products are Hydraulic Hammers, Mulching Heads, Shears &amp; a variety of other demolition-related attachments. They have 7 manufacturing facilities in Italy for production of Hydraulic Hammers and a plant in the US for manufacturing Mulching Heads. Their innovative products combined with global distribution network offers an attractive value proposition for the industry.<\/p>\n<p>\nFor more information visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Findeco.it%2Fen%2F&amp;esheet=54513399&amp;newsitemid=20260416582301&amp;lan=en-US&amp;anchor=https%3A%2F%2Findeco.it%2Fen%2F&amp;index=2&amp;md5=9bed4a548637729cd1a477f6e900128d\">https:\/\/indeco.it\/en\/<\/a><span class=\"bwuline\">.<\/span><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260416582301r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260416582301\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260416582301\/en\/<\/a><\/span><\/p>\n<p>\nContact for more information: Sahifa Mehta: <a rel=\"nofollow\" href=\"mailto:sahifa.mehta@wipro.com\">sahifa.mehta@wipro.com<\/a> +91 98 99 111 209<\/p>\n<p><b>KEYWORDS:<\/b> India Brazil South America Latin America Asia Pacific Europe Italy Australia\/Oceania<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Engineering Technology Manufacturing Construction &amp; Property Building Systems Other Manufacturing Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260416582301\/en\/2776555\/3\/Indeco2.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Indeco manufacturing facility in Bari, Italy<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260416582301\/en\/2776554\/3\/wiprohydraulics.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings BARI, Italy &amp; BENGALURU, India&#8211;(BUSINESS WIRE)&#8211; 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, Italy The union brings together two leaders in their respective fields: Indeco, a global benchmark in hydraulic attachments, and Wipro Hydraulics, one of the world\u2019s largest independent manufacturers of hydraulic cylinders. This strategic move will provide the global reach and industrial strength &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wipro-hydraulics-signs-definitive-agreement-with-indeco-to-expand-product-offerings\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952010","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wipro-hydraulics-signs-definitive-agreement-with-indeco-to-expand-product-offerings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wipro Hydraulics Signs Definitive Agreement With Indeco to Expand Product Offerings BARI, Italy &amp; BENGALURU, India&#8211;(BUSINESS WIRE)&#8211; 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, Italy The union brings together two leaders in their respective fields: Indeco, a global benchmark in hydraulic attachments, and Wipro Hydraulics, one of the world\u2019s largest independent manufacturers of hydraulic cylinders. 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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, Italy The union brings together two leaders in their respective fields: Indeco, a global benchmark in hydraulic attachments, and Wipro Hydraulics, one of the world\u2019s largest independent manufacturers of hydraulic cylinders. 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