Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support push into EV drives; E-Axle
Green Car Congress
FEBRUARY 5, 2021
Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become Nidec-Shimpo’s third main business. The company has top market share in Japan with this product.
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