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Nidec Corporation completed the acquisition of all shares of Italian machine tool manufacturer PAMA S.p.A., making it a wholly owned subsidiary. The deal was announced on November 30, 2022, and closed on February 1, 2023.
“PAMA will become a wholly owned subsidiary of the company as outlined below, together with Nidec’s business strategy going forward.”inddist.com
Summarized from public sources; check the original articles before acting on it.