Nidec Copal Electronics Acquires Midori Precisions Co., Ltd.
March 31, 2023
Nidec Copal Electronics, a subsidiary of Nidec Corporation, completed the acquisition of all shares of Midori Precisions Co., Ltd. on March 31, 2023, making Midori a wholly owned subsidiary. The acquisition is intended to jointly develop products leveraging each company's technological strengths to expand Nidec's position-sensing product lineup (potentiometers and encoders) and to use Nidec Copal Electronics' global sales channels to grow Midori's market reach.
- Buyers
- Nidec Copal Electronics Corporation, Nidec Corporation
- Targets
- Midori Precisions Co., Ltd.
- Industry
- Manufacturing
- Location
- Tokyo, Japan
- Transaction Type
- Buyout
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