Nidec Completes Acquisition of Chinese Scroll Compressor Manufacturer Xecom
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of Changzhou Xecom Energy Technologies Co., Ltd., a privately owned Chinese company (‘‘Xecom”), through the Company’s subsidiary, Nidec Appliance Controls (Qingdao) Co., Ltd , on July 8, 2025 (the “Transaction”) . As a result of the Transaction, Xecom became a consolidated