# Nidec to acquire 3 machine tool makers by 2025

Nidec announced plans to acquire three machine tool manufacturers by 2025 to grow its machinery business to 500 billion yen, having already acquired Mitsubishi Heavy Industries Machine Tool and OKK.

- Type: Acquisition
- Announced: 2022-04-21
- Where: Japan
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md)

## Sources

- [maonline.jp](https://maonline.jp/articles/nidec_machine20220423), 2022-04-23: "工作機械事業に本格参入する。あと3社買収し、2025年には5000億円の規模に成長させる"

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