Reorganized as Nidec ASI

Nidec: “for everything that spins and moves”

Nidec acquires Ansaldo Sistemi Industriali S.p.A. from HVEASI Holding BV, affiliated with Patriarch Partners LLC. The acquisition was completed in May 2012.

Ansaldo Sistemi Industriali S.p.A (ASI) renamed: “Nidec ASI S.p.A.” and set up a Japan subsidiary Nidec ASI Japan Corporation to develop Nidec ASI’s business in Japan and South Korea.

Ansaldo Sistemi Industriali S.p.A.

Ansaldo Sistemi Industriali S.p.A. was founded in 1853 in Milano (Italy). Ansaldo Sistemi Industriali S.p.A. has about 1217 employees.

Sales in Fiscal Year 2011 were € 292 million.
Assets as of Dec 31, 2011 were € 469.1 million, fixed assets were € 56 million.

Businesses are:

  • Motors, Generators and Drives Business
  • generators
  • Industrial Systems and Automation Business
  • Services (Maintenance) Business

Nidec was founded in 1944 in Kyoto by Nagamori Shigenobu, and produces motors, machinery, optical parts, camera shutters and other electro-mechanical equipment.

Read our report on Japan’s electronics industry sector to learn more about NIDEC and its place in Japan’s electronics industry sector:
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