Nidec to acquire OMRON subsidiary (16 April 2019, Chairman Shigenobu Nagamori (永守重信)) Bmw (SNiAmYxugs)

On 16 April 2019, Nidec formally announced the acquisition of OMRON Automotive Electronics, OMRON's automotive-parts subsidiary. Comments by Chairman and CEO Shigenobu Nagamori (永守重信) were also reported in connection with the announcement.

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The story

Nidec announced the acquisition of OMRON's subsidiary responsible for its automotive-parts business. The target was OMRON Automotive Electronics.

The announcement date was given as 16 April 2019, and news of the acquisition was released through the company's announcement.

Chairman and CEO Shigenobu Nagamori (永守重信) was named as the announcer, confirming the transaction's official progress.

At a glance

Name of trading entityNidec Corporation

Name of target subsidiaryOMRON Automotive Electronics

Nature of acquisitionSubsidiary acquisitions

Publication date16 April 2019

Name of official announcerChairman and CEO Shigenobu Nagamori (永守重信)

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