Wipro Enterprises to acquire controlling stake in Precision Automation and Robotics India

Wipro Enterprises signed definitive agreements to acquire a controlling stake in Precision Automation and Robotics India (PARI), India's largest industrial automation solutions provider. The deal value is INR 6,000 million (approx. USD 81 million).

“The combined capabilities would help broaden Wipro Enterprises’ current offerings in industrial automation and help PARI tread the path of rapid growth.”nuvama.com

• 1 source
• nuvama.comExclusive Financial Advisor to Precision Automation and Robotics India (PARI) for the sale of majority stake to Wipro Enterprises | NuvamaDec 1, 2020

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