# Nidec to acquire machine tool maker TAKISAWA via tender offer

Nidec announced a tender offer to acquire TAKISAWA, a listed machine tool manufacturer, for up to approximately 16.6 billion yen, aiming for full ownership to expand its machine tool business.

- Type: Acquisition
- Announced: 2023-07-01
- Where: Japan
- Value: $120.0M (16.6B JPY)
- Status: announced
- Products: machine tools, CNC lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Takisawa Machine Tool](https://endata.com/companies/17704.md) (target)
- [TAKISAWA](https://endata.com/companies/71412.md) (target)

## Sources

- [maonline.jp](https://maonline.jp/news/20230713a), 2023-07-12: "買付代金は最大約166億円で、全株式取得による完全子会社化を目指す。"
- [marketscreener.com](https://www.marketscreener.com/quote/stock/FANUC-CORPORATION-6492019/news/Nidec-Corporation-made-an-offer-to-acquire-Takisawa-Machine-Tool-Co-Ltd-for-16-6-billion-44420698/), 2023-07-12: "Nidec Corporation made an offer to acquire Takisawa Machine Tool Co., Ltd. from a group of shareholders for ¥16.6 billion on July 13, 2023."
- [moneydj.com](https://www.moneydj.com/kmdj/news/newsviewer.aspx?a=55e7099b-d428-46c9-8b81-897caf875d96), 2023-07-17: "Nidec 13日盤後發布新聞稿宣布，已向工具機廠TAKISAWA提出併購提案，計畫在9月中旬開始對TAKISAWA實施公開收購。"
- [nidec.com](https://www.nidec.com/en/ir/news/2023/news0801-02/), 2023-08-01: "Nidec Corporation decided, as part of a series of transactions aimed at making Takisawa Machine Tool Co., Ltd. a wholly owned subsidiary of the Company, to acquire common shares of Takisawa through a tender offer."
- [xbma.org](https://xbma.org/japanese-update-a-pioneering-unsolicited-takeover-in-japan-nidecs-2023-acquisition-of-takisawa/), 2024-02-26: "Nidec successfully completed its unsolicited acquisition, and this transaction already has begun to significantly influence the mergers and acquisitions landscape in Japan."

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