Nidec completes acquisition of SR drive business of China Tex MEE  [ China ]

Nidec Corporation announced that its subsidiary, Nidec Motor (Qingdao) Corporation (NMQC), has completed the acquisition of the switched reluctance (SR) motor and drive business of China Tex Mechanical & Electrical Engineering Ltd. (China Tex MEE) on July 31, 2015. Prior to this acquisition, NMQC had established a new company called Nidec (Beijing) Drive Technologies Co., Ltd. in Beijing, w...
<Aug 03, 2015>