NIDEC Completes Acquisition of MS-Graessner GmbH & Co. KG and Its Group Companies
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NIDEC CORPORATION - August 31, 2018
NIDEC CORPORATION today announced that the Company has acquired 100% ownership of MS-Graessner GmbH & Co. KG and its group companies (collectively “Graessner”), a privately owned German company group from its owners on August 31, 2018 (the “Transaction”) through NIDEC-SHIMPO GmbH which is the Germany-based affiliate of NIDEC’s subsidiary, NIDEC-SHIMPO CORPORATION (“NIDEC-SHIMPO”).