OKK Corporation

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202120222023202420252026

Acquisition

Dec 6, 2021ACQUISITIONJapan$47.5M1,400 jobs
Nidec acquires Mitsubishi Heavy Industries Machine Tool
Nidec acquired Mitsubishi Heavy Industries Machine Tool, now renamed Nidec Machine Tool Corporation. The acquired business develops and manufactures machine tools, cutting tools, and related products, with about 1,400 employees and annual sales of 23.1 billion yen ($203 million) as of March 2021.
Nidec acquirer Mitsubishi Heavy Industries Machine Tool target OKK Corporation target #Industrial Machinery rosingmash.ru gkong.com
Oct 21, 2021ACQUISITIONJapan$48.0M
Nidec acquires Mitsubishi Heavy Industries Machine Tool
Japanese motors and drives manufacturer Nidec has acquired Mitsubishi Heavy Industries Machine Tool, a machine tool and cutting tools company, for an undisclosed sum. The business is renamed Nidec Machine Tool Corporation.
Nidec acquirer Mitsubishi Heavy Industries Machine Tool target OKK Corporation target #Industrial Machinery drivesncontrols.com metalworkingnews.info mynewsdesk.com

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