Advertisement

Wipro PARI to acquire Germany-based Hochrainer GmbH

03:49 PM Jul 11, 2022 | PTI |

Wipro PARI, the industrial automation business of Wipro Infrastructure Engineering (a Wipro Enterprises entity), announced on Monday it has signed a definitive agreement to acquire Hochrainer GmbH, based in Freilassing, Germany.

Advertisement

Hochrainer GmbH, a family-owned company, has been in operations since 1973 and employs around 130 people, Bengaluru-headquartered Wipro said in a statement.

The company has established itself as an important supplier of automation technology and assembly systems for numerous global automobile manufacturers, it said, adding that Hochrainer also has a significant presence in other non-automotive sectors and works with key global players in these sectors.

Advertisement

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Next