# Nidec acquires Italy's CIMA commercial motor maker

Nidec Corporation acquired 100% of CIMA S.p.A., a Vicenza-based maker of commercial motors for ventilation and fans, on July 2, 2018. The deal strengthens Nidec's European commercial motor business.

- Type: Acquisition
- Announced: 2018-07-02
- Where: Vicenza, Italy
- Status: completed
- Products: ventilation and fan motors, agricultural and industrial motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [CIMA S.p.A.](https://endata.com/companies/3551.md) (target)

## Sources

- [evertiq.com](https://evertiq.com/design/44443), 2018-07-05: "Nidec Corporation has acquired a 100% ownership interest in CIMA S.p.A., an Italian commercial motor manufacturer, from its shareholders on July 2, 2018."

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