SOUTHEAST ASIA CONSTRUCTION07 May 2026
Wipro Hydraulics to acquire Italian manufacturer Indeco

Indeco, a leading Italian company in the global design and manufacture of hydraulic equipment, has signed a definitive agreement for the acquisition by Wipro Hydraulics, one of the world’s largest independent manufacturers of hydraulic cylinders and a company within the Wipro Infrastructure Engineering group.

“Together, we are ready to conquer new territories, ensuring a more widespread market presence and unrivalled technological capability,” said Indeco. Becoming part of the Wipro Group will enable Indeco to accelerate product development, strengthen its industrial and commercial structure, and optimise production processes, while retaining the brand’s quality and distinctive identity.

“Despite our global outlook, our roots remain firmly planted,” affirmed Indeco, confirming that production will stay local and that the Vitulano family will continue to be fully involved in leading the company, alongside the management of its international branches, to ensure both operational and strategic continuity.

Indeco further highlighted that the partnership is not just a commercial deal but the meeting of two long-established industry leaders celebrating 50 years of engineering excellence. It brings together Indeco’s manufacturing strength and Wipro’s global scale to create powerful synergies.

“After 50 years, a new and significant chapter in our history is beginning,” said Michele Vitulano, global sales and marketing manager at Indeco. “We have chosen Wipro Hydraulics because it is the ideal partner to accompany us into a new phase of development: a solid, international organisation that shares our values and can support us in making Indeco even greater.

“Our identity will remain intact, as will our daily commitment to our customers and partners. This partnership will bring new resources, new energy and new opportunities for innovation. A major challenge for Indeco, but an even greater one for its competitors.”