Nidec to acquire Embraco from Whirlpool for US$1.08bn

Japanese motor manufacturer Nidec is acquiring compressor company Embraco from Whirlpool for US$1,080m, expanding into the refrigeration market following its prior Secop purchase.

“The US$1,080m acquisition from owner Whirlpool follows Nidec’s €185m purchase last year of hermetic compressor manufacturer Secop and the creation of Nidec Global Appliance Compressors.”

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