Baker & McKenzie LLP
04/08/2026 | Press release | Distributed by Public on 04/08/2026 08:37
Baker McKenzie advises Wipro on acquisition of Mindsprint from Olam Group
Baker McKenzie has advised Wipro Limited, a leading listed Indian multinational company, on its acquisition of IT and digital services business Mindsprint from the Olam Group.
The Olam Group is a leading food and agribusiness enterprise headquartered in Singapore and majority-owned by Temasek Holdings. Mindsprint is the Olam Group's IT services unit, headquartered in Singapore, with operations across Singapore, India, Saudi Arabia, the UK, the US, Malaysia and Australia.
The deal size is USD 375 million, subject to customary post-closing adjustments. This transaction forms part of Wipro's multi year strategic transformation engagement with the Olam Group, which is expected to exceed USD 1 billion in total contract value. The sale and purchase agreement was signed 5 April 2026, with closing expected within the next two months, subject to merger control filing and other customary conditions.
The combination of Mindsprint's deep domain expertise and IP-led solutions with Wipro's consulting-led and AI-powered capabilities is expected to unlock growth opportunities, drive innovation, and deliver market ready transformation for Olam Group and Wipro's global clients across the industry.
The core Baker McKenzie team included, with additional due diligence support from colleagues in Australia, the Kingdom of Saudi Arabia, Malaysia, the UK and the US:
• M&A (Amsterdam): Mo Almarini, Max Nederlof, Mandy Chin
• M&A (Singapore): Lean Min-tze, Ong Liang Jun, Natania Ng
• Antitrust (Australia): Georgina Foster, Naasha Loopoo
• Antitrust (Kingdom of Saudi Arabia): David Monnier, Marwan Othman, Ruwaa AlAbdullatif
Learn more about the deal on the Wipro website.
About Wipro Limited
Wipro Limited is a leading AI-powered technology services and consulting company focused on addressing clients' most complex digital transformation needs. With over 230,000 employees and business partners across 65 countries, Wipro helps customers, colleagues, and communities thrive in an ever-changing world.
The Olam Group is a leading food and agribusiness enterprise headquartered in Singapore and majority-owned by Temasek Holdings. Mindsprint is the Olam Group's IT services unit, headquartered in Singapore, with operations across Singapore, India, Saudi Arabia, the UK, the US, Malaysia and Australia.
The deal size is USD 375 million, subject to customary post-closing adjustments. This transaction forms part of Wipro's multi year strategic transformation engagement with the Olam Group, which is expected to exceed USD 1 billion in total contract value. The sale and purchase agreement was signed 5 April 2026, with closing expected within the next two months, subject to merger control filing and other customary conditions.
The combination of Mindsprint's deep domain expertise and IP-led solutions with Wipro's consulting-led and AI-powered capabilities is expected to unlock growth opportunities, drive innovation, and deliver market ready transformation for Olam Group and Wipro's global clients across the industry.
The core Baker McKenzie team included, with additional due diligence support from colleagues in Australia, the Kingdom of Saudi Arabia, Malaysia, the UK and the US:
• M&A (Amsterdam): Mo Almarini, Max Nederlof, Mandy Chin
• M&A (Singapore): Lean Min-tze, Ong Liang Jun, Natania Ng
• Antitrust (Australia): Georgina Foster, Naasha Loopoo
• Antitrust (Kingdom of Saudi Arabia): David Monnier, Marwan Othman, Ruwaa AlAbdullatif
Learn more about the deal on the Wipro website.
About Wipro Limited
Wipro Limited is a leading AI-powered technology services and consulting company focused on addressing clients' most complex digital transformation needs. With over 230,000 employees and business partners across 65 countries, Wipro helps customers, colleagues, and communities thrive in an ever-changing world.
Baker & McKenzie LLP published this content on April 08, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 08, 2026 at 14:37 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]