Wipro Enterprises to acquire a majority stake in Italy-based Ferretto Automation
Ferretto Automation & Services specialises in the design and manufacture of automated storage systems. It manufactures a full range of state-of-the-art intra-logistics automation solutions for all storage (ASRS - Automated Storage and Retrieval Systems), handling and distribution needs. Ferretto Automation & Services revenue is approximately 70 million euros (around INR 617 crore).
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