# Nidec completes acquisition of PAMA S.p.A.

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.

- Type: Acquisition
- Announced: 2023-02-01
- Where: Rovereto, Trentino-Alto Adige, Italy, Italy
- Status: completed
- Products: boring and milling machines, machining centers, 5-face milling machines, large 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

- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22697416/nidec-acquires-italian-machine-tool-manufacturer), 2023-02-03: "PAMA will become a wholly owned subsidiary of the company as outlined below, together with Nidec’s business strategy going forward."
- [metalworkingnews.info](https://metalworkingnews.info/nidec-completes-the-acquisition-of-the-shares-of-italian-machine-tool-manufacturer-pama-and-its-affiliates/), 2023-03-09: "Nidec Corporation has announced today that it has completed the acquisition of all the shares of Pama S.p.A on February 1, 2023."

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