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Nidec Acquires Italian Machine Tool Manufacturer - Vimarsana News

Nidec Acquires Italian Machine Tool Manufacturer

PAMA will become a wholly owned subsidiary of the company.

Nidec Corporation: Nidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and Its Affiliates - Vimarsana News

Nidec Corporation: Nidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and Its Affiliates

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