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Wipro Hydraulics Acquires Columbus Hydraulics to Strengthen North American Presence

Author

Slice of Manufacturing Team
August 12, 2024

Key Highlights:

  • Wipro Hydraulics acquires Columbus Hydraulics, a leading US-based hydraulic cylinder manufacturer.

  • Acquisition strengthens Wipro's presence in North America and expands its hydraulic solutions portfolio.

  • Wipro Hydraulics now operates 14 global manufacturing facilities.

  • The acquisition follows Wipro's recent purchase of Mailhot Industries.

Source (PR Newswire)

Notable Quotes:

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"As a leading independent hydraulic cylinder manufacturer, Wipro Hydraulics has established a significant presence in all growth markets. This acquisition strengthens our position and enhances our manufacturing capabilities in North America."

Pratik Kumar, CEO, Wipro Infrastructure Engineering & Managing Director at Wipro Enterprises
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"The acquisition of Columbus Hydraulics, following our recently acquired Mailhot Industries, is a strategic move to accelerate growth in North America."

Sitaram Ganeshan, President at Wipro Hydraulics
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"Wipro is the perfect partner to propel Columbus into its next stage of expansion in North America."

Brian Schneider, Partner at Northstar Capital

Our Take:

Wipro Hydraulics' acquisition of Columbus Hydraulics represents a strategic expansion into the North American market, aligning with Wipro's goal of becoming a global leader in hydraulic solutions. This move not only broadens Wipro's product offerings but also enhances its manufacturing capabilities, positioning the company to better serve diverse industries such as agriculture, construction, and marine applications. The integration of Columbus Hydraulics' expertise will likely lead to innovative solutions and a stronger market presence, making Wipro a formidable player in the hydraulic cylinder industry.