Nidec completes acquisition of Embraco compressor business from Whirlpool

Nidec Corporation completed its acquisition of Whirlpool's Embraco compressor business, with Embraco and its subsidiaries becoming Nidec subsidiaries following European Commission approval.

“Nidec Corporation announced that it completed the acquisition of the compressor business Embraco of Whirlpool Corporation on July 2, following the European Commission’s approval granted on June 26. As a result of this acquisition, Embraco and its subsidiaries became Nidec’s subsidiaries.”

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