Nidec acquires 100% of Italian pump and motor maker LGB Elettropompe

Japan's Nidec Corp has taken a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer. The article is dated 1 July 2017 and gives no price.

“Japan's Nidec Corp has taken a 100% ownership interest in LGB Elettropompe Srl (LGB), an Italian commercial pump and motor manufacturer.”doi.org

• 2 sources
• doi.orgNidec acquires Italian pump and motor maker LGB ElettropompeJul 1, 2017
• drivesncontrols.comNidec adds two more European companies to its portfolio - Drives&ControlsAug 3, 2017

Summarized from public sources; check the original articles before acting on it.