# Nidec Machine Tool acquires Pama for €100 million

Nidec Machine Tool Corporation, part of Nidec Corporation, has acquired 100% of Italian machine tool manufacturer Pama spa. The deal is valued at approximately €100 million.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Rovereto, Italy, Italy
- Value: $105.0M (100.0M EUR)
- Status: announced
- Products: large boring machines, machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [PAMA SpA](https://endata.com/companies/16897.md) (target)
- [Nidec Machine Tool](https://endata.com/companies/57941.md) (acquirer)

## Sources

- [iltquotidiano.it](https://www.iltquotidiano.it/articoli/nidec-si-compra-pama-spa-operazione-da-100-milioni/), 2022-12-01: "La trentina Pama spa, tra le principali aziende italiane del settore macchine utensili, produttrice di grandi macchine alesatrici e centri di lavoro, è stata acquisita integralmente dalla Nidec Machine Tool Corporation."

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