Accenture to acquire Integrated Product Support business of Sipal in Italy

Accenture (ACN) has agreed to acquire the Integrated Product Support business of Sipal in Italy. The part of Sipal’s business that Accenture intends to acquire also provides services in product engineering, industrial engineering, manufacturing support and training. It is headquartered in Turin and has offices across Italy. Upon close, the area of the company dedicated to Sipal’s IPS activities will join Accenture’s service for digital engineering and manufacturing and infrastructure and capital projects, Industry X. The financial terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.