Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.
Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd. Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd. KYOTO, Japan, Feb. 05, 2021 — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine tools, cutting tools, and related products, from Mitsubishi Heavy Industries, Ltd. (“Mitsubishi ...