# Nidec and Peugeot Group form joint venture in France

Nidec Corporation, through its French subsidiary Nidec Leroy-Somer, agreed to a joint venture with Peugeot Group to be located in France. The joint venture was announced in January 2018.

- Type: Partnership
- Announced: 2018-01-03
- Where: France, France
- Status: announced
- Products: electric motors, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (partner)
- [Nidec Leroy-Somer Holding](https://endata.com/companies/17973.md) (partner)
- [Peugeot](https://endata.com/companies/24467.md) (partner)

## Sources

- [mwe.com](https://www.mwe.com/fr/media/mcdermott-represents-nidec-corporation-on-its-joint-venture-with-peugeot-group-in-france/), 2018-11-27: "McDermott has represented Japanese firm Nidec Corporation on its joint venture agreement with the Peugeot Group."

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