Wipro Infra Engineering Set to Acquire Majority Stake in France's Lauak Group

Wipro Infrastructure Engineering (WIN), the industrial arm of Wipro Ltd., has entered into an exclusive negotiation with the Charritton family to acquire a majority stake in Lauak Group, a French aerospace manufacturer, to broaden its presence within the European aerospace industry and strengthen its worldwide capacity to bolster pivotal industry participants. The announcement was made during the Paris Air Show.

Financial details have not been disclosed.

Regulatory Process 

Wipro Infra has submitted the proposed transaction details to employee representative bodies, as required under French law. All necessary consultations and approvals have now been completed. The deal is expected to close in the coming months, subject to customary closing conditions.

Lauak’s Background

Lauak Group is a 50-year-old, family-owned aerospace supplier based in France. Established in 1975, the company manufactures structural and engine components and works with major global aerospace firms. Its capabilities include sheet metal work, machining, welding, piping, and assembly. Lauak produces both elementary parts and complex assemblies.

Read More: Does the ₹3,000 FASTag Annual Pass Save You Money? 

Ownership and Operational Continuity

After the acquisition, the business will operate under the name Wipro Lauak. A new Board of Directors will be formed with representatives from both sides. Mikel Charritton, the current CEO of Lauak Group, will continue in his role to oversee ongoing operations.

Context

The Charritton family had been reviewing long-term options for Lauak in response to changing dynamics in the aerospace sector and the entry of new global players. The decision to bring in a new majority shareholder follows months of strategic planning.

Wipro Infrastructure Engineering is involved in aerospace, hydraulics, additive manufacturing, water treatment, and industrial automation. The acquisition of Lauak adds European manufacturing capacity and aerospace expertise to Wipro’s existing portfolio.

Pratik Kumar, CEO of Wipro Infrastructure Engineering and MD of Wipro Enterprises, said, “This planned acquisition represents a significant moment in the continued growth of Wipro Aerospace. Lauak’s rich legacy in Aerospace and specialised expertise aligns with our long-term vision of building a fully integrated, global aerospace solutions platform.’‘

Wipro Share Price Performance 

As of 11:51 AM on June 19, 2025, Wipro share price was trading at ₹263.95, a 0.90% increase; the stock has declined 15.91% over the past 6 months and increased 6.42% over the past year.

Conclusion

With the agreement in place and approvals secured, Wipro’s acquisition of a majority stake in Lauak Group is to be completed in the coming months. The deal adds to Wipro’s international presence in aerospace manufacturing.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.