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Nidec signed a definitive agreement to acquire the Delta production line from Secop Austria through its Nidec Global Appliance Italy subsidiary and Austrian company. The agreement was signed on 31 March 2020.
“Nidec will acquire the Delta production line from Secop through the Company's sub-subsidiary Nidec Global Appliance Italy S.r.l. and its Austrian company.”mynewsdesk.com
Summarized from public sources; check the original articles before acting on it.