Nidec to Acquire Emerson Electric Co. Motors & Controls Business
Green Car Congress
AUGUST 19, 2010
Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. In January 2010, Nidec acquired Sole Motors (currently, Nidec Sole Motor Corporation ¿) and has strived to strengthen its home appliance motor business in Europe.
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