Nidec to divest refrigeration compressor business as merger remedy

As a remedy to address competition concerns, Nidec offered to divest its refrigeration compressor business for household and light commercial applications, including plants in Austria, Slovakia and China.

“Nidec offered to divest its refrigeration compressor business for both household and light commercial applications. This includes plants in Austria, Slovakia and China and removes the entire overlap between Nidec and Embraco in the markets where the Commission had identified competition concerns.”

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