# Nidec to acquire five German robotics companies for $450M

Nidec Corporation plans to spend approximately 50 billion yen ($450 million) to acquire five German robotics companies by the end of March 2019, targeting automation technology.

- Type: Acquisition
- Announced: 2018-09-03
- Where: Dettenhausen, Baden-Württemberg, Germany
- Value: $450.0M
- Status: announced
- Products: robotics components, gearboxes
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [MS-Graessner GmbH & Co. KG](https://endata.com/companies/19007.md) (target)
- [MS-Graessner](https://endata.com/companies/19010.md) (target)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/business-deals/nidec-to-buy-5-german-robotics-makers-for-450m), 2018-09-02: "Nidec will spend roughly 50 billion yen ($450 million) to acquire five German robotics companies by the end of March"
- [mynewsdesk.com](https://www.mynewsdesk.com/us/nidec/pressreleases/nidec-completes-acquisition-of-ms-graessner-gmbh-and-co-kg-and-its-group-companies-2670951), 2018-09-03: "Nidec Corporation today announced that the Company has acquired 100% ownership of MS-Graessner GmbH & Co. KG and its group companies"
- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/2018/09/03/nidec-to-buy-five-german-robotics-companies-for-450-million/18988/), 2018-09-03: "Nidec is planning to spend $450 million on the five acquisitions."

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