Wipro completes take over of METRO-NOM GMBH and METRO Systems Romania

The transaction was for consideration of EUR 52.04 Mn based on the financials at the time of completion of the transaction.

Apr 01, 2021 04:04 IST India Infoline News Service

Wipro Limited
IT-giant Wipro on Thursday said that the company has completed take over of METRO-NOM GMBH and METRO Systems Romania S.R.L. for a purchase consideration of EUR 52.04 Mn based on the financials at the time of completion of the transaction.

Last year, in December, Wipro signed a significant strategic digital and IT partnership deal with METRO AG and will take over the IT units of METRO AG- METRO-NOM GMBH in Germany and METRO Systems Romania S.R.L., as part of the transaction.

On Sensex, Wipro closed at Rs416.20 per piece up by 0.5%. 

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