HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR
Apr 24, 2017ACQUISITIONGermany Nidec to acquire German refrigerator compressor maker Secop for $227M
Japanese motor maker Nidec plans to fully acquire the Secop group, a German refrigerator components maker, in a deal valued at $227 million. The move aims to capture demand from tightening environmental regulations.
Productsrefrigerator compressorsrefrigerator components
“Japanese motor giant Nidec plans to fully acquire the Secop group, a German refrigerator components maker”asia.nikkei.com
- 3 sources
- asia.nikkei.comNidec to grab German refrigerator compressor maker Secop - Nikkei AsiaApr 24, 2017
- acr-news.comAurelius sells compressor manufacturer SECOP to Nidec GroupApr 25, 2017
- refindustry.comNidec to Acquire Secop Group - RefindustryApr 25, 2017
Summarized from public sources; check the original articles before acting on it.