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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
https://purecatamphetamine.github.io/country-flag-icons/3x2/JP.svgkyoto
https://purecatamphetamine.github.io/country-flag-icons/3x2/CH.svgchiasso
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.

Company Info

Company
Nidec
Location
Kyoto, Kyoto Prefecture, Japan
Company info
Nidec is the world's No.1 comprehensive motor manufacturer handling "everything that spins and moves."​

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