74 Companies - M&As
Nidec has achieved significant results through M&As. The secret to our success
Nidec’s growth and M&A strategy
Balancing organic growth and M&As
Motion-centric M&As geared to buy time
With 356 group companies* around the world, Nidec has grown into a global company.
M&As are one of the strategies that have supported this growth.
We focus our M&As on all that spins and moves, based on the concept of buying time, then use them to foster our technology and sales channels.
*As of March 31, 2024
Nidec has executed M&As on both a local and international scale
Here are the specific benefits of Nidec's M&As
Creating synergies with existing businesses by reducing procurement costs and expanding sales channels
Nidec is invested in improving the good management and growth of the companies acquired, and also in creating synergies* with existing businesses so as to encourage mutual development.
These synergies can include reducing costs by centralizing parts procurement, developing technologies and expanding sales channels in new fields.
This M&A strategy has led to dramatic growth, going beyond the mere sum of its parts.
*Synergies: Effect whereby companies cooperate to effectively use management resources, through combination and integration in order to generate added value that goes beyond the mere total of sales and profits.
Example of an M&A
Full-fledged entry into the electric pump market through the acquisition of GPM
In February 2015, Nidec acquired German automotive pump manufacturer Geräte- und Pumpenbau GmbH (GPM, currently Nidec GPM). GPM develops, manufactures, and sells water pumps, oil pumps, and module pumps, and enjoys a leading share in the European market.
We decided to acquire GPM in light of expectations for a dramatic increase in demand for motor-powered electric water pumps and electric oil pumps. With the recent global trend for stringent CO2 regulations, demand is rapidly growing among automakers for electric, hybrid, and start-stop system-equipped vehicles.
Combined, our motors and GPM’s pumps have enabled us to make major leaps in the electric pump’s high growth-potential market. In addition, integration with Nidec Elesys’s electronic control unit (ECU) technologies has helped to develop electric oil pump power packs by combining pumps, motors, and ECUs. This has accelerated the shift from motor units to modularizations*, systems, and higher added value. Cost cuts through the in-house supply of parts is also a form of group synergy.
Furthermore, GPM boasts a 70-year history and close relationships with major European manufacturers—including Volkswagen, Daimler, and BMW. Accordingly, GPM has allowed us to expand our sales channels to these manufacturers while also gaining a more timely understanding of future needs.
*Modularization: Bringing multiple components together to manufacture products with a cohesive function.
However, Nidec’s growth hasn’t been solely due to the success of M&As
Nidec’s expansion relies on both organic growth and M&As
M&As may be a key strategy, but that does not mean that Nidec has grown through them alone.
We could build up the strong foundations we now have by pursuing growth and expansion in our existing businesses as well.
The M&As and organic growth of existing businesses have supported the expansion of Nidec.
Major M&As(Nidec positions M&As as an important strategy for growth.)
Click here for more about major M&As
Year | Month | Acquired Companies | Current Names |
---|---|---|---|
1984 | February | Axial Flow Fan Div. of Torin Corp. (US) | Nidec America Corp. |
1989 | March | Shinano Tokki Co., Ltd | Nidec Corp. Nagano Technical Center |
1992 | January | Precision Compounds Div. of Seagate Technology LLC (US) | |
1995 | February | Kyoritsu Machinery Co., Ltd | Nidec Machinery Corp. |
1995 | February | Simpo Industries Co., Ltd | Nidec-Shimpo Corp. |
1997 | March | Tosok Corp. | Nidec Tosok Corp. |
1997 | April | Read Corp. | Nidec-Read Corp. |
1997 | May | Kyori Kogyo | Nidec-Shimpo Corp. |
1998 | February | Copal Co., Ltd | Nidec Copal Corp. |
1998 | February | Copal Electronics Corp. | Nidec Copal Electronics Corp. |
1998 | October | Motor Div. of Shibaura Engineering Works Co., Ltd. | Nidec Techno Motor Corp. |
2000 | March | Y-E Drive Corp. | Nidec Techno Motor Corp. |
2000 | October | Motor Div. of Seagate Technology LLC (US) Thai Rangsit factory | |
2003 | October | Sankyo Seiki Mfg. Co., Ltd. | Nidec Sankyo Corp. |
2006 | November | Fujisoku Corp. | |
2006 | December | Motors & Actuators Div. of Valeo S.A. (France) | Nidec Motors & Actuators |
2007 | February | Brilliant Manufacturing Ltd. (Singapore) | Nidec Component Technology Co., Ltd. |
2007 | April | Japan Servo Co., Ltd. | Nidec Servo Corp. |
2010 | January | Household Motor Business of Appliances Components Companies S.p.A. (Italy) | Nidec Sole Motor Corporation S.R.L. |
2010 | February | SC Wado Co., Ltd. (Thailand) | |
2010 | September | Motors & Controls Business of Emerson Electric Co. (US) | Nidec Motor Corp. |
2011 | July | Sanyo Seimitsu Co., Ltd. | Nidec Seimitsu Corp. |
2012 | April | The Minster Machine Company (US) | Nidec Minster Corp. |
2012 | May | Ansaldo Sistemi Industriali S.p.A. (Italy) | Nidec ASI S.p.A. |
2012 | September | Avtron Industrial Automation, Inc. (US) | Nidec Motor Corporation, Industrial Solutions |
2012 | October | SCD Co., Ltd. (South Korea) | SCD Co., Ltd. |
2012 | November | Kinetek Group Inc. (US) | Nidec Motor Corporation, Elevator & Drive Systems |
2012 | December | Jiangsu Kaiyu Auto Appliance Co., Ltd. (China) | Nidec Kaiyu Auto Electric (Jiangsu) Co., Ltd. |
2014 | January | Mitsubishi Materials C.M.I. Corp. | Nidec Sankyo CMI Corp. |
2014 | March | Honda Elesys Co., Ltd. | Nidec Elesys Corp. |
2015 | February | Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt (Germany) | Nidec GPM GmbH |
2015 | May | Motortecnica s.r.l. (Italy) | Motortecnica s.r.l. |
2015 | July | SR motor and drive business of China Tex Mechanical & Electrical Engineering Ltd (China) | Nidec (Beijing) Drive Technologies Co., Ltd. |
2015 | August | Arisa, S.A. (Spain) | Nidec Arisa S.L.U. |
2015 | August | KB Electronics, Inc. (US) | Nidec Motor Corporation, Commercial, Industrial Motor & Control |
2015 | September | E.M.G. Elettromeccanica S.r.l.'s (Italy) | Nidec Motor Corporation, Commercial, Industrial Motor & Control |
2015 | September | PT. Nagata Opto Indonesia (Indonesia) | PT. Nidec Sankyo Opto Indonesia |
2016 | May | E.C.E. S.r.l. (Italy) | E.C.E. S.r.l. |
2016 | May | ANA IMEP S.A. (Romania) | Nidec Motor Corporation Romania |
2016 | December | Canton Elevator, Inc. (US) | Canton Elevator, Inc. |
2017 | January | Motor and Electric Power Generation businesses of Emerson Electric Co. (France) | Nidec Leroy-Somer Holding |
2017 | January | Drive business of Emerson Electric Co. (UK) | Nidec Control Techniques Limited |
2017 | March | Vamco International, Inc. (US) | Nidec Vamco Corp. |
2017 | July | LGB Elettropompe S.r.l. (Italy) | LGB Elettropompe S.r.l. |
2017 | July | Secop Group (Germany) | Nidec Global Appliance Compressors GmbH |
2017 | October | Tokyo Maruzen Industry Co., Ltd. | Tokyo Maruzen Industry Co., Ltd. |
2017 | October | SV Probe Pte. Ltd.(Singapore) | SV Probe Pte. Ltd. |
2017 | November | driveXpert GmbH(Germany) | driveXpert GmbH |
2018 | April | Genmark Automation, Inc. (US) | Genmark Automation, Inc. |
2018 | July | CIMA S.p.A (Italy) | CIMA S.r.l. |
2018 | August | MS-Graessner GmbH & Co. KG (Germany) | MS-Graessner GmbH & Co. KG |
2018 | November | Chaun-Choung Technology Corp. (Taiwan) | Chaun-Choung Technology Corp. |
2019 | February | Systeme + Steuerungen GmbH (Germany) | Systeme + Steuerungen GmbH |
2019 | March | DESCH Antriebstechnik GmbH & Co. KG (Germany) | DESCH Antriebstechnik GmbH & Co. KG |
2019 | July | Compressor business of Whirlpool Corporation(Brazil) | Nidec Global Appliance Compressor es e Solucoes em Refrigeracao Ltda |
2019 | November | OMRON Automotive Electronics Co. Ltd. | NIDEC MOBILITY CORPORATION |
2019 | November | Roboteq, Inc. (US) | Roboteq, Inc. |
2021 | August | Mitsubishi Heavy Industries Machine Tool Co., Ltd. | Nidec Machine Tool Corporation |
2022 | February | OKK Corporation | Ndec OKK Corporation |
2023 | February | PAMA S.p.A. (Italy) | PAMA S.p.A. |
2023 | March | Midori Precisions Co., Ltd (Japan) | Midori Precisions Co., Ltd |
2023 | July | TAR, LLC d/b/a Houma Armature Works | TAR, LLC d/b/a Houma Armature Works |
2023 | August | Automatic Feed Company | Automatic Feed Company |
2023 | November | Takisawa Machine Tool Co., Ltd. | Takisawa Machine Tool Co., Ltd. |
2024 | October | Linear Transfer Automation Inc. and its 2 Related Companies (Canada) |