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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