# 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.

- Type: Acquisition
- Announced: 2017-04-24
- Where: Germany
- Value: $227.0M
- Status: announced
- Products: refrigerator compressors, refrigerator components
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Aurelius](https://endata.com/companies/250.md) (partner)
- [Secop GmbH](https://endata.com/companies/1285.md) (target)
- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Aurelius Equity Opportunities](https://endata.com/companies/1328.md) (partner)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/nidec-to-grab-german-refrigerator-compressor-maker-secop), 2017-04-24: "Japanese motor giant Nidec plans to fully acquire the Secop group, a German refrigerator components maker"
- [acr-news.com](https://www.acr-news.com/aurelius-sells-secop), 2017-04-25: "Aurelius Equity Opportunities has sold its subsidiary SECOP to the Japanese Nidec Group for €185m."
- [refindustry.com](https://refindustry.com/news/nidec-to-acquire-secop-group/), 2017-04-25: "Nidec Corporation announced that its Board of Directors has approved a resolution to acquire 100% equity shares of Secop Holding GmbH."

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