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The Times of India
The Times of India
National
TNN

FOUND: Wipro automation arm buys german company | Mind Blowing Facts

WIN Bengaluru Germany

BENGALURU: Wipro PARI, the industrial automation business of Wipro Infrastructure Engineering (WIN), is acquiring Germany-based automation tech firm Hochrainer.

Hochrainer is a supplier of automation technology and assembly systems for numerous global automobile manufacturers. It also has a significant presence in non-automotive sectors. A family-owned company that started operations in 1973, Hochrainer employs around 130 people. For Wipro PARI, which has around 1,300 employees and a significant global presence, the acquisition represents an important step in the strategic development of the group in Europe. For Hochrainer, it will help the company achieve sustainable growth and have access to resources and future technologies to compete globally. The leadership team of Erich and Werner Hochrainer would now be part of the European organisation of Wipro PARI.

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