Nidec's prior Secop acquisition builds refrigeration platform

Nidec previously purchased hermetic compressor manufacturer Secop for €185m and created Nidec Global Appliance Compressors, building a growth platform in refrigeration ahead of the Embraco deal.

“Through the acquisition of Secop, the company added compressors to its product portfolio, which allows the company to expand further into the refrigeration sector.”

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.