Nidec Acquires E.C.E. S.r.l., an Italian Cable Hoist Manufacturer
May 25, 2016
Nidec Corporation today announced that it acquired a 100% ownership interest in E.C.E. S.r.l., an Italian cable hoist manufacturer, from the shareholders on May 20, 2016, to strengthen its building construction machine business conducted through Nidec’s subsidiary, Nidec FIR Elettromeccanica S.r.l.
As a result of the Transaction, E.C.E. became a consolidated subsidiary of Nidec. read more
