Lauak Group has sold a majority stake to Wipro Infrastructure Engineering
After careful strategic reflection to secure the group’s future, Lauak Group’s shareholders have chosen an industrial partnership, in line with the ongoing consolidation trend in the market. Attracted by opportunities for innovation and international expansion, the Charritton family, founders and long-term shareholders, regard Wipro Infrastructure Engineering as a trusted industrial partner. The historical shareholders remain minority stakeholders, and the current CEO continues to lead Lauak.
Founded in 1975, Lauak is a provider of aircraft parts and aerostructures. The group specializes in sheet metal work, machining, welding, tubing and assembly, producing everything from individual parts to complex assemblies for airframes and engines. With operations in France, Portugal, Canada, Mexico and India, Lauak is a Tier 1 supplier to major aerospace companies, including Airbus, Boeing, Dassault, Safran and Bombardier.
With nearly 50 years of engineering and manufacturing excellence, Wipro Infrastructure Engineering, a subsidiary of Wipro Group, is a diversified group active in hydraulics, industrial automation, aerospace, water treatment and additive manufacturing. Wipro Aerospace, created in 2011, provides end-to-end solutions including actuators, aerospace structures, machining, sheet metal fabrication, assembly and testing, supporting major original equipment manufacturers (OEMs) through advanced capabilities and deep expertise.
Oaklins’ team in France assisted the shareholders of Lauak Group in a major milestone in the company’s history. In the context of accelerating consolidation within the aerospace supply chain, Oaklins supported the Charritton family in identifying the most suitable industrial partner and negotiating Wipro Infrastructure Engineering’s majority investment. Leveraging its deep sector expertise and international reach, Oaklins played a key role in securing a transaction aligned with Lauak’s long-term ambitions.
Mikel Charritton
CEO, Lauak Group
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