This acquisition will allow Wipro Hydraulics to expand its footprint in Canada, the US and Mexico as well as enter new segments such as refuse trucks, snow removal equipment, defense and remanufacturing in North America.
Pratik Kumar, CEO of Vipra Infrastructure, said, “This acquisition is an important moment for us, further strengthening our market position by integrating new technologies and expanding our global footprint. This strategic move will complement our capabilities and expand our footprint in North American “Will strengthen our leadership position in the market.” Engineering (Win) and MD, Wipro Enterprises said in a statement.
The acquisition also includes JARP Industries, a part of Mailhot Industries and a leader in custom hydraulic and remanufactured cylinders for sectors including utilities, mining, defense and oil and gas.
"We are confident that by partnering with Wipro, Mailhot is poised to become an even bigger player in the global hydraulic cylinder market and strengthen its leadership position in North America," said Charles Massicotte, President, Mailhot Industries.
Established in 1956, Mailhot Industries specializes in the refuse truck and snow removal equipment market and is known for its product reliability in demanding work environments.
Additionally, Sitaram Ganesan, President, Wipro Hydraulics, said that the acquisition "will allow us to enhance our capabilities in existing sectors such as utilities and mining, enabling us to better serve our customers".
Pratik Kumar, CEO of Vipra Infrastructure, said, “This acquisition is an important moment for us, further strengthening our market position by integrating new technologies and expanding our global footprint. This strategic move will complement our capabilities and expand our footprint in North American “Will strengthen our leadership position in the market.” Engineering (Win) and MD, Wipro Enterprises said in a statement.
The acquisition also includes JARP Industries, a part of Mailhot Industries and a leader in custom hydraulic and remanufactured cylinders for sectors including utilities, mining, defense and oil and gas.
"We are confident that by partnering with Wipro, Mailhot is poised to become an even bigger player in the global hydraulic cylinder market and strengthen its leadership position in North America," said Charles Massicotte, President, Mailhot Industries.
Established in 1956, Mailhot Industries specializes in the refuse truck and snow removal equipment market and is known for its product reliability in demanding work environments.
Additionally, Sitaram Ganesan, President, Wipro Hydraulics, said that the acquisition "will allow us to enhance our capabilities in existing sectors such as utilities and mining, enabling us to better serve our customers".
