Nidec Completes Acquisition of Embraco, Whirlpool Corporation’s Compressor Business
Embraco to become Nidec subsidiary
KYOTO, Japan — Nidec Corporation announced that it completed the acquisition of the compressor business Embraco of Whirlpool Corporation on July 2, following the European Commission’s approval granted on June 26. As a result of this acquisition, Embraco and its subsidiaries became Nidec’s subsidiaries.
Publication date: 7/4/2019