Wipro Infrastructure Engineering acquires US-based Columbus Hydraulics
By
Binu Mathew
Wipro Hydraulics, part of homegrown Wipro Infrastructure Engineering, on Thursday said it has acquired the US-based Columbus Hydraulics to strengthen its presence in North American market.
The company did not disclose the transaction value.
The entity has been acquired to strengthen presence in the North American market, Wipro Infrastructure Engineering said in a statement.
Wipro Infrastructure Engineering said it has acquired 100 stake in Columbus Hydraulics through its hydraulics cylinder manufacturing business Wipro Hydraulics.