Nidec acquires Emerson's motors, drives and power generation businesses

Nidec Corporation acquired sole control of Emerson Electric Co.'s motors, drives and electric power generation businesses, including brands Leroy-Somer and Control Techniques. The deal was signed on 2 August 2016 and approved by the Competition Commission of India.

“The Competition Commission of India (CCI) approved the proposed acquisition by Nidec Corporation (Nidec) of sole control of the Emerson Electric Co.'s (Emerson) motors, drives and electric power generation businesses.”business-standard.com

• 1 source
• business-standard.comShardul Amarchand Mangaldas and Co. advises Nidec Corporation on acquisition of sole control over select businesses of Emerson Electric Co.ANIJan 13, 2017

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