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23 Apr 2026

A&O Shearman and PedersoliGattai in Wipro's acquisition of Indeco

"Wipro Hydraulics, part of Wipro Infrastructure Engineering, has agreed to acquire a majority stake in Italian demolition-equipment maker Indeco Ind. A&O Shearman advised Wipro Enterprises Private Limited; PedersoliGattai represented the selling shareholders. Completion is subject to customary regulatory approvals."

A&O Shearman and PedersoliGattai acted in the transaction: A&O Shearman advised Wipro Enterprises Private Limited (through Wipro Hydraulics/Wipro Infrastructure Engineering), while PedersoliGattai represented the selling shareholders of Indeco Ind. Wipro Hydraulics, part of Wipro Infrastructure Engineering and Wipro Enterprises, has signed an agreement to acquire a majority stake in Indeco Ind, an Italian company specialised in the manufacture of equipment for construction, demolition and recycling. Indeco, founded in 1976 and based in Bari, produces hydraulic breakers, crusher heads, shears and a broad range of other demolition equipment, and operates production facilities in Italy and the United States. Wipro Infrastructure Engineering operates across hydraulics, industrial automation, aerospace, water treatment, additive manufacturing and electronic materials. Wipro Hydraulics, with 16 manufacturing plants worldwide, is specialised in the design and production of bespoke hydraulic cylinders for sectors including construction and earthmoving, material and goods handling, forestry, agriculture, mining and truck-tipping solutions. The completion of the transaction is subject to the receipt of customary approvals from the relevant authorities. A&O Shearman represented Wipro Enterprises Private Limited with a team composed by: Paolo Nastasi (partner), Marta Avara (associate), Valentina Salvadori (associate), Duccio Cangioli (trainee) and Andrea Sala (trainee), with additional support from A&O Shearman offices in Australia, the United Kingdom, the United States and Singapore. Additional A&O Shearman contributors included public law: Roberta Errico (senior associate), Francesco Pio Falcone (associate) and Elisa Goetz (trainee); litigation & investigations: Veronica Rossetti (senior associate) and Daniela Martini (associate); intellectual property: Margherita Banfi (senior associate); employment & data protection: Livio Bossotto (partner), Francesca Corbinelli (associate) and Federica Melegari (associate); real estate: Valentina Masucci (associate); and antitrust: Emilio De Giorgi (partner), Arianna Fletcher (associate) and Carolina Proietti (trainee). PedersoliGattai represented the selling shareholders with a team composed by: Gaetano Carello, Giuseppe De Cola, Roberta Danese and Pietro Pomati.
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