# Nidec chairman says company to acquire several machine tool makers soon

Nidec's chairman and CEO Shigenobu Nagamori stated at an earnings briefing on April 24, 2023, that the company will acquire several machine tool makers in the near future, with announcements expected soon.

- Type: Acquisition
- Announced: 2023-04-24
- Status: rumored
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [maonline.jp](https://maonline.jp/articles/nidec_ma20230425), 2023-04-25: "今期も工作機械を数件買収する。遠くない時期に発表できる"

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