NIDEC Completes Acquisition of MS-Graessner GmbH & Co. KG and Its Group Companies
![MS-Graessner GmbH & Co. KG Germany location](https://www2.nidec-shimpo.com/wp-content/uploads/2020/08/graessner-getriebe-deutschland.jpg)
NIDEC CORPORATION – September 3, 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”).