Tag: Whirlpool

April 26, 2018

Nidec to acquire Embraco

Japanese firm Nidec has announced it will acquire Embraco, Whirpool Corporation’s compressor business, in a deal worth US$1,080 million. While Nidec has traditionally been known as a major manufacturer of electric motors, it has recently added compressors to its product portfolio, first with the purchase of the Secop Group in 2017, and now with the acquisition […]