Japan: Nidec to acquire German refrigerator compressor maker Secop for $227m

Japan: Nidec to acquire German refrigerator compressor maker Secop for $227m

Visual from Secop Facebook page.

Japanese electric motor manufacturer Nidec plans to fully acquire Secop, a German refrigerator components maker. The JPY 25-billion ($227 million) acquisition is aimed at capturing demand generated by increasingly stringent environmental regulations worldwide.

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