# Nidec to acquire Italian machine tool maker PAMA

Nidec Corporation announced it will acquire PAMA S.p.A., an Italian machine tool manufacturer specializing in horizontal boring mills, to accelerate growth in its machine tool business. The acquisition price and completion date were not disclosed.

- Type: Acquisition
- Announced: 2022-11-30
- Where: Rovereto, Italy, Italy
- Value: $110.0M (15.0B JPY)
- Status: announced
- Products: horizontal boring mills, machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [PAMA SpA](https://endata.com/companies/16897.md) (target)

## Sources

- [maonline.jp](https://maonline.jp/news/20221130a), 2022-11-29: "日本電産は30日、イタリアの工作機械メーカーPAMA S.p.A.を買収すると発表した。"
- [globenewswire.com](https://www.globenewswire.com/news-release/2022/11/29/2564557/0/en/Nidec-to-Execute-a-Share-Transfer-Agreement-on-Italian-Machine-Tool-Manufacturer-PAMA-and-Its-Affiliates.html), 2022-11-29: "With the latest purchase of PAMA, the Company will be able to accelerate the generation of strong synergies with its existing two machine tool manufacturers."
- [zh.cn.nikkei.com](https://zh.cn.nikkei.com/industry/manufacturing/50673-2022-11-30-09-16-08.html), 2022-11-30: "日本電産將收購義大利工具機企業帕馬（ PAMA）。"
- [therobotreport.com](https://www.therobotreport.com/nidec-to-acquire-italian-tool-maker-pama/), 2022-12-03: "Nidec, the Japanese electric motor maker, announced that it acquired PAMA, an Italian machine tool manufacturer, and its nine affiliate companies."
- [chinaaet.com](https://www.chinaaet.com/article/3000156600), 2022-12-08: "日本电产株式会社于2022年11月28日（日本时间）召开的董事会会议上，通过了收购意大利机床制造商PAMA S.p.A及其9家关联公司股权的决议，并于2022年11月30日（日本时间）签署了与本次收购股权相关的转让协议。"
- [canadianmetalworking.com](https://www.canadianmetalworking.com/canadianmetalworking/news/metalworking/nidec-uses-share-transfer-to-acquire-pama), 2023-01-05: "Nidec Corp. has purchased the shares of Italian machine tool manufacturer PAMA and its nine affiliates."

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