# Nidec completes acquisition of Secop compressor group from Aurelius

Nidec Corporation completed the acquisition of 100% of Secop Holding GmbH and other Secop entities, German compressor manufacturer, from Aurelius on July 31, 2017. The companies are being renamed Nidec Global Appliance entities.

- Type: Acquisition
- Announced: 2017-08-01
- Where: Flensburg, Germany, Germany
- Value: $218.0M (185.0M EUR)
- Status: completed
- Products: compressors for appliances
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Aurelius](https://endata.com/companies/250.md) (partner)
- [Secop GmbH](https://endata.com/companies/1285.md) (target)
- [Nidec](https://endata.com/companies/1321.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/07/31/1065218/0/en/nidec-completes-acquisition-of-secop-group-secop-holding-gmbh-and-other-3-entities-a-german-compressor-manufacturer.html), 2017-07-31: "announced today that the Company completed the acquisition of 100% equity shares of Secop Holding GmbH"
- [drivesncontrols.com](https://drivesncontrols.com/nidec-adds-two-more-european-companies-to-its-portfolio/), 2017-08-03: "Nidec, the acquisitive Japanese motor-maker which now owns Control Techniques and Leroy-Somer, has added two more European businesses to its portfolio: the German compressor manufacturer, Secop, which it has bought for €185m in cash"

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