Nidec To Aquire Italian Motor Maker From Fund

Nidec Corp., a Japanese precision motor manufacturer, announced that Nidec acquire all of the shares in Ansaldo Sistemi Industriali S.p. A., an Italian long-established industrial motor manufacturer, from Patriarch Partners, LLC, a US turnaround-foucused private equity firm, via its portfolio company. Thorugh this acquisition Nidec become to have significant sales in Europe, China, India, Russia and the Middle East. In US Nidec purchased Motors & Controls Business of Emerson Electric Co. in September 2010 to streangthen its industrial motor business in North and South America. Nidec has been famous as an aggressive M&A player.