Nidec

30 May 2024 04:13

Nidec Advance Technology Signs Agreement with Synergie Cad Group Two Companies to Collaborate on Probe Card Solutions

May 30, 2024– Nidec Advance Technology Corporation (“Nidec”), a leading global supplier of high-performance probe cards and MEMS probes through its subsidiary Nidec SV Probe, announced that it has signed a collaboration agreement with Synergie Cad Group (“Synergie Cad”), a European designer and manufacturer of Assembled Printed Circuit Boards (PCBA), probe cards and turnkey test solutions. Accordi

20 November 2023 03:43

Notice Regarding the Completion of Purchase and Settlement of Tendered Shares Certificates, etc. in Tender Offer of Takisawa Machine Tool Co., Ltd. (Securities Code: 6121) and its Entry to Nidec Group

As announced in the press release dated November 14, 2023, “Notice Regarding the Results of the Tender Offer for Takisawa Machine Tool Co., Ltd. (Securities Code: 6121)”, in the tender offer conducted by Nidec Corporation in accordance with the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended) and related laws and regulations (the “Tender Offer”), regarding the common shares

2 August 2023 02:55

Nidec Completes Acquisition of Automatic Feed Company and Related 2 Companies, US-based Press Machine Equipment Manufacturers

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has acquired full ownership of Automatic Feed Company, Lasercoil Technologies LLC, and Automatic Leasing Company, privately- owned US companies (collectively the “Target”), from its founding family on August 1, 2023 (the “Transaction”). As a result of the Transaction, the Target became a consol

4 July 2023 22:29

Nidec Completes Acquisition of Houma Armature Works, a US-based Motor and Generator Service Provider

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a privately- owned US company (“Houma”), from its founding family, through the Company’s subsidiary, Nidec Motor Corporation (“NMC”), on July 3, 2023 (US time) (the “Transaction”). As a result of the Transaction, Houma became a consolid

15 March 2023 02:31

Nidec Executes Stock Transfer Agreement on Nidec Copal Electronics’ Acquisition of Midori Precisions

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it passed a resolution in the meeting of the Board of Directors held on March 15, 2023 (Japan time) on the purchase by Nidec Copal Electronics Corporation, a subsidiary of the Company, of all the shares of Midori Precisions Co., Ltd. (“Midori Precisions”), a company that develops, manufacturers, and sells

1 February 2023 18:40

Nidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and its Affiliates

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, in accordance with its November 30, 2022 press release, “Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates,” it has completed the acquisition of all the shares of PAMA S.p.A (“PAMA”) on February 1, 2023.
Accordingly, PAMA will become a wholly owned

29 November 2022 18:36

Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, the Company passed a resolution on, among others, purchasing the shares of Italian machine tool manufacturer PAMA and its nine affiliates (collectively “PAMA”) (the “Stock Acquisition”) on November 28, 2022 (Japan time). The Company executed a transfer agreement on the Stock Acquisition, etc. on November

30 August 2022 02:57

Nidec Signs Joint Venture Agreement with Norwegian Semi-Solid Lithium-Ion Battery Manufacturer FREYR Battery

On August 30, 2022 (Japan Standard Time), Nidec Corporation (“Nidec”) (TSE: 6594; OTC US: NJDCY) signed a joint venture agreement with FREYR BATTERY SA (“FREYR”) (NYSE: FREY), a Norwegian semi-solid lithium-ion battery manufacturer.
1. Purpose of the agreement
FREYR is a lithium-ion battery manufacturer founded in 2018, listed on the New York Stock Exchange in 2021, and planning to start mas

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.

Categories: m&a