# 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.

- Type: Acquisition
- Announced: 2017-07-01
- Where: Italy
- Status: completed
- Products: commercial pumps, electric motors
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [LGB Elettropompe](https://endata.com/companies/1684.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s1359-6128(17)30256-2), 2017-07-01: "Japan's Nidec Corp has taken a 100% ownership interest in LGB Elettropompe Srl (LGB), an Italian commercial pump and motor manufacturer."
- [drivesncontrols.com](https://drivesncontrols.com/nidec-adds-two-more-european-companies-to-its-portfolio/), 2017-08-03: "The second Nidec acquisition is the much smaller Italian firm, LGB Elettropompe, which employs about 40 people and had sales last year totalling €9.8m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.