# Nidec completes tender offer for machine tool maker TAKISAWA

Nidec announced on November 14, 2023 that its tender offer for TAKISAWA shares had succeeded, with 86.14% of shares tendered. Nidec will proceed to make TAKISAWA a wholly owned subsidiary.

- Type: Acquisition
- Announced: 2023-11-14
- Where: Japan
- Status: completed
- Products: machine tools
- 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/20231114jp), 2023-11-14: "ニデックは14日、工作機械メーカーのTAKISAWAに対して実施したTOB（株式公開買い付け）が成立したと発表した。"
- [mynewsdesk.com](https://www.mynewsdesk.com/us/nidec/pressreleases/notice-regarding-the-completion-of-purchase-and-settlement-of-tendered-shares-certificates-etc-in-tender-offer-of-takisawa-machine-tool-co-dot-ltd-securities-code-6121-and-its-entry-to-nidec-group-3287392), 2023-11-20: "The Target Company's lathes will be newly added to Nidec’s machine tool business portfolio, and under the goal of becoming the world's No.1 comprehensive machine tool manufacturer."

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