# Nidec acquires 100% of Italian pump maker LGB Elettropompe

Japan's Nidec Corp acquired a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer, reported in World Pumps' Q3 2017 review.

- Type: Acquisition
- Announced: 2017-10-13
- Where: Italy
- Status: completed
- Products: commercial pumps, motors
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/news/pumps-mergers-acquisitions-review-q3-2017), 2017-10-13: "Japan's Nidec Corp acquired a 100% ownership interest in LGB Elettropompe Srl (LGB), an Italian commercial pump and motor manufacturer."

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