The 2020 Mid-Year Economic Update_long

Nidec Acquires Motortecnica

Acquisition strengthens company's service business.

Japan-based motor manufacturer Nidec Corp. (NYSE:NJ) has acquired Italy-based Motortecnica s.r.l. through its subsidiary, Nidec ASI S.p.A.

Motortecnica, which is now a consolidated subsidiary of Nidec, is focused on the design, manufacturing, repair, maintenance and servicing of electrical rotating machinery.

Through the acquisition, Nidec ASI will strengthen its service business and expand in the generators market.

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