# Nidec cleared to re-acquire Secop compressor production line

Nidec has been cleared by the European Commission to re-acquire Secop's Delta hermetic refrigeration compressor production line in Fürstenfeld, Austria, after the Commission waived the non-re-acquisition clause.

- Type: Acquisition
- Announced: 2020-05-16
- Where: Fürstenfeld, Austria, Austria
- Status: announced
- Products: hermetic refrigeration compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Secop GmbH](https://endata.com/companies/1285.md) (target)
- [Nidec](https://endata.com/companies/1321.md) (acquirer)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/nidec-cleared-to-re-acquire-secop-compressor-line/), 2020-05-16: "The Commission’s investigation revealed that the structure of the relevant markets for variable speed and fixed speed refrigeration compressors for household applications has changed to such an extent that the absence of influence over the concerned part of the divestment business is no longer neces"

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