Nidec

31 March 2020 21:39

Nidec to acquire the Delta production line from Secop Austria

Nidec Corporation (TSE: 6594; OTC US: NJDCY) announced today that it has signed a definitive agreement with Secop Austria GmbH on March 31, 2020, by which Nidec will acquire the Delta production line from Secop through the Company’s sub-subsidiary Nidec Global Appliance Italy S.r.l. and its Austrian company.

3 December 2019 19:05

Nidec Completed Acquisition of Roboteq, Inc.

Nidec Corporation today announced that the company completed the acquisition of 90% ownership of Roboteq Inc., a U.S.-based designer of ultra-low voltage (ULV) drives, from its owners through Nidec Motor Corporation.

The headquarters of Nidec Mobility (formerly known as OMRON Automotive Electronics)

12 November 2019 01:30

OMRON Automotive Electronics Becomes Part of the Nidec Group

OMRON Automotive Electronics has become part of the Nidec group under the new name Nidec Mobility. Moving forward, the company will work closely with Nidec’s automotive motor business unit to develop new modules and systems that combine the motors, pumps, gears, etc. of the Nidec group with the electronic control units, and other electronic components, of Nidec Mobility.

27 September 2019 02:00

Monthly Nidec Report - Nidec's recipe for successful mergers & acquisitions

Nidec is known for making active use of mergers & acquisitions (M&A) as a part of its management strategy. In this installment, Takamitsu Araki, senior vice president and general manager of Nidec's corporate strategy office, explains the company's M&A strategy and recipe for successful acquisitions.

1 July 2019 19:30

Nidec Completes Acquisition of Embraco, Whirlpool Corporation’s Compressor Business

Nidec Corporation announced today that the Company completed the acquisition of the compressor business (“Embraco”) of Whirlpool Corporation on July 2, 2019 (July 1, 2019 local time in Brazil) following the European Commission’s approval granted on June 26, 2019.

16 April 2019 05:30

Nidec to Acquire OMRON Automotive Electronics Co. Ltd.

Nidec Corporation announced today that its Board of Directors has approved a resolution to acquire OMRON Automotive Electronics Co. Ltd. from OMRON Corporation. Through the Transaction, the Company will be able to create new module and systems products by combining Nidec's and OMRON Automotive Electronics’ products.

3 March 2019 22:00

Nidec Completes Acquisition of DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies

Nidec Corporation today announced that the Company has completed the acquisition of 70% ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies , privately owned German companies from its owners through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

5 February 2019 01:33

Nidec Completed Acquisition of Systeme + Steuerungen GmbH and Its Group Companies

Nidec Corporation today announced that it has acquired a 100% ownership of a privately owned German company, Systeme + Steuerungen GmbH and its group companies , from its owners on February 4, 2019 through Nidec-Shimpo GmbH, a German-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

31 January 2019 20:35

Nidec to Acquire DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies

Nidec Corporation today announced that the Company has agreed to acquire a 70% ownership of a privately owned German company, DESCH Antriebstechnik GmbH & Co. KG and its group companies in Germany and China, from its owners on January 31, 2019 through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

30 November 2018 01:36

Nidec Announces Completion of Tender Offer for Shares of Chaun-Choung Technology Corp., Taiwan

Nidec Corporation announced today that it has completed the tender offer for 48.0% of the outstanding shares of Chaun-Choung Technology Corp. based in Taiwan which was commenced on October 3, 2018, in line with its previous announcement titled “Nidec Announces Fulfillment of All the Conditions of Tender Offer for Chaun-Choung Technology Corp., Taiwan” dated November 12, 2018.

24 April 2018 05:41

Nidec to Acquire Whirlpool Corporation’s Compressor Business

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire the compressor business (“Embraco”) of Whirlpool Corporation (“Whirlpool”) (the “Transaction”). For this purpose, Nidec entered into a stock purchase agreement on April 24, 2018 (Japan time).

5 December 2017 19:54

Nidec Acquires driveXpert GmbH—a German Company Specialized in Design and Development of Hardware and Software for Automotive Electronic Control Units

Nidec Corporation announces that it has acquired 100% of the shares of driveXpert GmbH, a company specialized in design and development of hardware and software for automotive Electronic Control Units (ECU), from its former shareholders on November 30, 2017. The deal will enable the combination of Nidec’s high-performance motors and driveXpert’s high precision ECUs.

Tags: m&a