Deal closed Jul 2019 · Japan Verified
Nidec completes acquisition of Whirlpool's Embraco compressor business
Nidec Corporation completed its acquisition of Embraco, Whirlpool Corporation's compressor business, on July 2 following European Commission approval; Embraco and its subsidiaries became Nidec subsidiaries.
“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.”
Entities
Embraco · Target Nidec Corporation · Acquirer Whirlpool Corporation · Parent
OtherRefrigeration
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.