# Wipro PARI acquires majority stake in Ferretto Group

Wipro PARI acquired a majority stake in Ferretto Group, an Italian manufacturer of automated storage and retrieval systems and warehouse management systems.

- Type: Acquisition
- Announced: 2023-10-01
- Where: Vicenza, Italy
- Status: completed
- Products: automated storage and retrieval systems, vertical storage systems, warehouse management systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Ferretto Group](https://endata.com/companies/34505.md) (target)
- [Wipro PARI](https://endata.com/companies/64052.md) (acquirer)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/ferretto-group), 2023-10-19: "In October 2023, Wipro PARI acquired a majority stake in Ferretto Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.