WPIL Limited’s European subsidiary, Gruppo Aturia, has successfully acquired 100% of MISA S.R.L, an Italian company specializing in large pumping station projects and the supply of pumps and hydro turbines. This acquisition, finalized on January 7, 2025, bolsters Gruppo Aturia’s position as a prominent European supplier of large pumps while enhancing its ability to provide turnkey solutions for various markets.
MISA, with a legacy dating back to 1901, boasts a rich history of delivering large-scale projects across Europe and North Africa, significantly expanding Gruppo Aturia’s footprint in the region. The addition of MISA’s extensive product range and client reference list is expected to propel WPIL’s capabilities in water, irrigation, and drainage sectors.
Prakash Agarwal, Managing Director of WPIL Limited, expressed excitement about the acquisition, emphasizing the strategic benefits in expanding WPIL’s turnkey project capabilities across Europe and the MENA region. The deal, which was completed with cash consideration, did not disclose the financial details for confidentiality reasons. Importantly, the sellers were not related parties.
The acquisition positions WPIL to further strengthen its portfolio and expand its operations in key international markets.
