Nidec Acquires Changzhou Xecom (renamed Nidec Scroll Technology (Changzhou))
July 8, 2025
Nidec Corporation, via its subsidiary Nidec Appliance Controls (Qingdao) Co., Ltd., acquired full ownership of Changzhou Xecom Energy Technologies Co., Ltd. (Xecom) on July 8, 2025. The Changzhou-based scroll compressor designer and manufacturer (approx. 75 employees, ~123 million RMB FY2024 sales) will be renamed Nidec Scroll Technology (Changzhou) Co., Ltd. as Nidec expands its refrigeration, air conditioning and heat pump capabilities.
- Buyers
- Nidec Corporation, Nidec Appliance Controls (Qingdao) Co., Ltd.
- Targets
- Changzhou Xecom Energy Technologies Co., Ltd. (renamed Nidec Scroll Technology (Changzhou) Co., Ltd.)
- Industry
- Manufacturing
- Location
- Jiangsu, China
- Transaction Type
- Buyout
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