Wise Road Capital completed the acquisition of Huba Control from Siemens.

Wise Road Capital, a private equity firm, completed the acquisition of Huba Control, company focused on high-end core component manufacturing, from Siemens, a German multinational conglomerate company. Financial terms were not disclosed. Through its investments, Wise Road Capital is striving to build a healthy international eco-system, leveraging its international management team which combines strong industry experience and investment knowledge.