Feb 1, 2017ACQUISITIONUnited States Nidec completes acquisition of Emerson Electric's motors, drives and power-generation businesses
Nidec Corp. has completed the acquisition of Emerson Electric's motors, drives, and generator businesses, including Leroy-Somer and Control Techniques, for $1.2 billion. The deal brings 9,700 Emerson employees into Nidec.
Productsmotorsdrivesgeneratorsvariable frequency drives
“This transaction provides a significant expansion in our ability to support more end user applications with more products and technical expertise.”motioncontroltips.com
- 3 sources
- motioncontroltips.comNidec completes acquisition of Emerson Electric Co. motors, drives and power-generation businessesLisa EitelFeb 15, 2017
- meccanica-plus.itAcquisition of Emerson Electric by Nidec - Meccanica PlusMar 30, 2017
- pdf4pro.comNidec Completes Acquisition of Emerson Electric … / nidec-completes-acquisition-of-emerson-electric.pdf / PDF4PROAug 22, 2018
Summarized from public sources; check the original articles before acting on it.
ENDATA