# Nidec completes acquisition of Takisawa Machine Tool

Nidec Corporation announced that Takisawa Machine Tool Co., Ltd. has become a wholly owned subsidiary of Nidec following a share consolidation effective February 2, 2024.

- Type: Acquisition
- Announced: 2024-02-02
- 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)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240201532499/en/Nidec-Announces-that-Takisawa-Consolidates-Shares-and-Becomes-a-Wholly-Owned-Subsidiary-of-Nidec), 2024-02-02: "Takisawa has become a wholly owned subsidiary of the Company."

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