Wipro Infrastructure Engineering Acquires Mailhot Industries from Novacap
May 9, 2024
Wipro Infrastructure Engineering (Wipro Hydraulics) has entered into a definitive agreement to acquire Mailhot Industries, a Quebec-based manufacturer of hydraulic cylinders, from private equity firm Novacap. The deal includes JARP Industries and is intended to expand Wipro Hydraulics' footprint and capabilities in North America across end markets such as refuse trucks, snow removal, utilities, construction, mining and defense.
- Buyers
- Wipro Infrastructure Engineering (Wipro Hydraulics)
- Targets
- Mailhot Industries, JARP Industries
- Sellers
- Novacap
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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