Get the app today! Download iPhone App Download Android App

Nidec Global Appliance Strengthens Market Position After Embraco Acquisition

Published on Nov 20 2019 10:45 AM in Technology tagged: Trending Posts / Acquisition / Embraco / Nidec Global Appliance

Nidec Global Appliance Strengthens Market Position After Embraco Acquisition

Nidec Global Appliance has announced that it has strengthened its position as an integrated organisation after completing the acquisition of Embraco.

The addition of Embraco refrigeration solutions to the division's existing portfolio, comprising appliance motors for machines, dryers, and dishwashers, is in line with the Nidec brand.

As one of Nidec Corporation’s growth platforms, the division is amplifying its global presence and innovation capabilities, as well as building up a solid base in the Americas, the company said.

'Customer-Centric Approach'

Chief executive of Nidec Global Appliance, Valter Taranzano, said, "The attributes of Nidec Global Appliance brands results in a complete and high-quality portfolio of solutions for household and commercial appliances, thus improving a customer-centric approach and market presence, while leveraging productivity through synergies and exchange of good practices among the factories."

Presently, the division comprises 11 manufacturing plants, 6 research and development centres, 3 sales offices and 1 global business support centre spread across eight countries in the world.

These include Brazil, the USA, Mexico, Slovakia, China, Russia, Romania, and Italy.

Nidec Global Appliance employs are 14,000 people and has an annual combined production volume of motors and compressors.

© 2019 European Supermarket Magazine – your source for the latest retail news. Sponsored content. Click subscribe to sign up to ESM: European Supermarket Magazine.

Share on Facebook Share on Twitter Share on LinkedIn Share via Email