# 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.

- Type: Acquisition
- Announced: 2017-02-01
- Where: United States
- Value: $1.20B
- Jobs: 9,700
- Status: completed
- Products: motors, drives, generators, variable frequency drives
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Emerson Electric](https://endata.com/companies/654.md) (target)
- [Nidec](https://endata.com/companies/1321.md) (acquirer)

## Sources

- [motioncontroltips.com](https://www.motioncontroltips.com/nidec-completes-acquisition-emerson-electric-co-motors-drives-power-generation-businesses/), 2017-02-15: "This transaction provides a significant expansion in our ability to support more end user applications with more products and technical expertise."
- [meccanica-plus.it](https://meccanica-plus.it/en/acquisition-of-emerson-electric-by-nidec_86591/), 2017-03-30: "Nidec announces the acquisition completed on February 1st of the motors, drives and electric power generation businesses of Emerson Electric Co."
- [pdf4pro.com](https://pdf4pro.com/view/nidec-completes-acquisition-of-emerson-electric-1f41fc.html), 2018-08-22: "Nidec Corporation announced today that the Company completed the pre-announced Acquisition of the motors, drives and Electric power generation businesses of Emerson Electric Co."

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