Nidec acquires automotive pump company Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt

Electrical water pumps (EWP), electrical oil pumps (EOP) “for everything that spins and moves” Nidec acquires German pump manufacturer Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt via the subsidiary Nidec Motors & Actuators (Germany) GmbH (“NMA(G)”) on February 2, 2015. Geräte- und Pumpenbau GmbH Dr. Eugen Schmidt and subsidiaries have been renamed: Germany: NIDEC GPM […]

Nidec acquires power generators manufacturer Motortecnica s.r.l.

Nidec continues acquisitions in Europe in the motor and electrical equipment sector Nidec: “for everything that spins and moves” Nidec acquired the Italian electrical machinery construction and repair company Motortecnica s.r.l. on May 15, 2015 via its Italian subsidiary Nidec ASI S.p.A. (formerly, Ansaldo Sistemi Industriali S.p.A), which Nidec had acquired in May 2012. Motortecnica […]

LIXIL announces losses of YEN 33.2 billion (US$ 265 million) due to Joyou AG’s insolvency filing

LIXIL (“Link to good living”) acquired approx. 70% of German listed Chinese subsidiary Joyou AG via the GROHE acquisition Joyou AG files for bankruptcy On January 21, 2014, LIXIL had acquired 87.5% of the German bath fixtures company GROHE Group (“Pure Freude am Wasser”). The GROHE Group owns 72.3% of Joyou AG, thus Joyou AG […]

Supercell: Softbank increases ownership to 73.2%

Supercell valued at US$ 5.3 billion Softbank and GungHo jointly acquired 51% in October 2013 for US$ 1.5 billion On June 1, 2015, SoftBank announced an investment to increase the ownership of Supercell stock from 50.5% to 73.2% on a fully diluted basis. This transaction had closed on May 29, 2015. While Softbank did not […]

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