Nidec Corporation Acquires Houma Armature Works (TAR, LLC)
July 3, 2023
Nidec Corporation, through its subsidiary Nidec Motor Corporation, acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a US-based motor and generator remanufacturing and field service provider. The acquisition expands Nidec's aftermarket and service capabilities in North America—particularly in oil & gas, marine, and renewable energy end markets—and consolidates Houma as a Nidec subsidiary.
- Buyers
- Nidec Corporation, Nidec Motor Corporation
- Targets
- TAR, LLC d/b/a Houma Armature Works
- Sellers
- Founding family of TAR, LLC (Houma Armature Works)
- Industry
- Industrial Services
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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