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.

April 01, 2021 4:44 IST India Infoline News Service

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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