Nidec Completes The Acquisition Of The Shares Of Italian Machine Tool Manufacturer Pama And Its Affiliates
Nidec Completes The Acquisition Of The Shares Of Italian Machine Tool Manufacturer Pama And Its Affiliates
02/01/23, 11:34 PM
Location
kyoto
chiasso
Industry
appliances, electrical, and electronics manufacturing
Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the “Company” or “Nidec”) announced today that, in accordance with its November 30, 2022 press release, “Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates,” it has completed the acquisition of all the shares of PAMA S.p.A (“PAMA”) on February 1, 2023.