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Nidec Completes The Acquisition Of The Shares Of Italian Machine Tool Manufacturer Pama And Its Affiliates

Feb 01, 2023almost 3 years ago

Acquiring Company

Nidec Scroll Technology (Changzhou) Ltd

Acquired Company

Affiliates

KyotoChiassoAppliances, Electrical, and Electronics Manufacturing

Description

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 Information

Company

Nidec Scroll Technology (Changzhou) Ltd

Location

Kyoto, Kyoto Prefecture, Japan

About

Nidec Scroll Technology, formerly Changzhou Xecom Energy Technologies Co., Ltd., specializes in designing and producing high-performance scroll compressors for air conditioning and refrigeration. Established in 2021, it aims to meet the growing demands in the cooling market. The company has around 75 employees and reported net sales of approximately 17 million USD in 2024. Its products are crucial for efficient HVAC systems.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed