Japan-based motor manufacturer Nidec Corp. (NYSE:NJ) has acquired E.C.E. S.r.l., an Italian cable hoist manufacturer. Terms were not disclosed.
The acquisition strengthens Nidec's building construction machine business conducted through its subsidiary, Nidec FIR Elettromeccanica S.r.l.
E.C.E. is now a consolidated subsidiary of Nidec.
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