Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering (WIN), on Thursday said it signed a definitive agreement to acquire Canada-based Mailhot Industries, backed by Canadian private equity Novacap. The cost of acquisition and other financial details were not disclosed. “With this acquisition of Mailhot, we will expand our footprint to Canada, the US, and Mexico, as well as penetrate new segments like refuse trucks, snow removal equipment, defense, and remanufacturing in North America. This also allows us to increase our capabilities in existing segments such as utilities and mini
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