# Nidec to sell Secop compressor business to ESSVP IV

Nidec agreed to sell its entire Secop refrigeration compressor business to ESSVP IV and Silenos GmbH, subject to approvals in Germany, Austria, Spain and by the European Commission.

- Type: Acquisition
- Announced: 2019-04-22
- Status: announced
- Products: refrigeration compressors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Secop GmbH](https://endata.com/companies/1285.md) (target)
- [Nidec](https://endata.com/companies/1321.md) (partner)
- [ESSVP IV](https://endata.com/companies/4932.md) (partner)
- [Silenos GmbH & Co. KG](https://endata.com/companies/4933.md) (partner)

## Sources

- [archive.hydrocarbons21.com](https://archive.hydrocarbons21.com/articles/8974/nidec_to_sell_its_secop_compressor_business_to_essvp_iv), 2019-04-23: "two Nidec subsidiaries, Nidec Europe B.V. and Nidec Americas Holding Corporation will sell Nidec's entire compressor business, Secop"

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