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Industry News

August 2, 2023



Machine Tools Industry News

Nidec Completes Acquisition of Three Companies

Nidec Corporation today announced that it has acquired full ownership of Automatic Feed Company, Lasercoil Technologies LLC, and Automatic Leasing Company, privately owned US companies, from its founding family on August 1, 2023. As a result of the transaction, the companies—collectively called "the Target"—became a consolidated subsidiary of Nidec.

nidec.com


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