# Nidec to acquire Makino Milling Machine via TOB for ¥257B

Nidec Corporation announced a tender offer to acquire all shares of Makino Milling Machine Co., Ltd. for up to 257.2 billion yen, aiming to make it a wholly owned subsidiary and expand its machine tool business.

- Type: Acquisition
- Announced: 2024-12-27
- Where: Japan
- Value: $1.70B (257.2B JPY)
- Status: announced
- Products: machining centers, milling machines, EDM machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Makino Milling Machine](https://endata.com/companies/14988.md) (target)
- [Makino](https://endata.com/companies/16706.md) (target)

## Sources

- [tfa.co.jp](https://tfa.co.jp/info/topics/2024/12/27/%E3%83%8B%E3%83%87%E3%83%83%E3%82%AF%EF%BC%9C6594%EF%BC%9E%E3%80%81%E5%B7%A5%E4%BD%9C%E6%A9%9F%E6%A2%B0%E5%A4%A7%E6%89%8B%E3%81%AE%E7%89%A7%E9%87%8E%E3%83%95%E3%83%A9%E3%82%A4%E3%82%B9%E8%A3%BD/), 2024-12-27: "ニデックは27日、工作機械メーカー大手の牧野フライス製作所に対して完全子会社化を目的にTOBを実施すると発表した。"
- [businesswire.com](https://www.businesswire.com/news/home/20241227733125/en/Nidec-Announces-Scheduled-Commencement-of-Tender-Offer-for-Makino-Milling-Machine-Co.-Ltd.-Securities-Code-6135), 2024-12-28: "The Tender Offer is scheduled to commence on April 4, 2025."
- [newswitch.jp](https://newswitch.jp/index.php/p/44433), 2025-01-23: "あらゆる手段を持ってご理解頂くように誠意を持って進めたい"
- [seisanzai-japan.com](https://seisanzai-japan.com/article/p5227/), 2025-01-24: "Nidec’s announcement of the unsolicited TOB for Makino on December 27 shocked the industry."

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