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Nidec to acquire machine tool maker Takisawa · Endata

◂ Announcements

Sep 13, 2023ACQUISITIONJapan

Nidec to acquire machine tool maker Takisawa

Japanese motor maker Nidec and Takisawa Machine Tool have reached an agreement for Nidec to acquire Takisawa. Nidec will launch a tender offer on September 14, 2023 at 2,600 yen per share.

Value

$112.0M (16.6B JPY)

Status

Announced

Productsmachine tools

CompaniesNidec acquirer Takisawa Machine Tool target TAKISAWA partner TAKISAWA target

Sectors#Industrial Machinery

“Japanese motor maker Nidec and Takisawa Machine Tool announced Wednesday the two companies have reached an agreement for Nidec to acquire Takisawa.”asia.nikkei.com

3 sources
asia.nikkei.comNidec to buy Japan's Takisawa, will launch tender bid Thursday - Nikkei AsiaYUJI OHIRA, Nikkei staff writerSep 13, 2023
maonline.jp【工作機械】止まぬニデック旋風、盟主のDMG森精機は8年ぶり買収へ | M＆A Online - M&Aをもっと身近に。M＆A OnlineSep 20, 2023
newswitch.jpニデックが欧で旋盤買収検討、TAKISAWAと協議へ｜ニュースイッチ by 日刊工業新聞社Sep 24, 2023

Summarized from public sources; check the original articles before acting on it.

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