# Musashi Seimitsu acquires Nidec Drive Technology's AGV business

Musashi Seimitsu Industry Co., Ltd. has signed an agreement to acquire the automated guided vehicle (AGV) manufacturing and sales business of Nidec Drive Technology Corporation.

- Type: Acquisition
- Announced: 2023-08-07
- Where: Japan
- Status: announced
- Products: automated guided vehicles (AGVs), S-CART
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Musashi Seimitsu Industry](https://endata.com/companies/15495.md) (acquirer)
- [Nidec Drive Technology](https://endata.com/companies/71878.md) (target)

## Sources

- [autoc-one.jp](https://autoc-one.jp/news/5020640/), 2023-08-07: "今回の事業譲受を通じて双方のテクノロジーと強みを組み合わせることにより、AI事業のさらなる拡大を加速してまいります。"

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