thejapantimes, 2 months ago to business Japan’s Nidec and private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, which makes heavy-duty electric motors used in ships and mining equipment and could fetch about ¥483.6 billion in a sale. https://www.japantimes.co.jp/business/2024/03/12/companies/nidec-kps-bid-for-siemens/ #business #companies #nidec #kpscapitalpartners #acquisitions #siemens
Japan’s Nidec and private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, which makes heavy-duty electric motors used in ships and mining equipment and could fetch about ¥483.6 billion in a sale. https://www.japantimes.co.jp/business/2024/03/12/companies/nidec-kps-bid-for-siemens/ #business #companies #nidec #kpscapitalpartners #acquisitions #siemens