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Business deals

Nidec to buy 5 German robotics makers for $450m

Japan motor maker to cash in on automation wave and weather trade war

Nidec manufactures precision gearboxes at four locations worldwide.

TOKYO -- Nidec will spend roughly 50 billion yen ($450 million) to acquire five German robotics companies by the end of March, going after cutting-edge technology fueling the global shift toward automated manufacturing.

The Japanese motor manufacturer will kick off the shopping spree this month with the purchase of robot parts maker MS-Graessner, known for speed-reducing gearboxes key to moving the joints of robot arms. The deal is estimated at roughly 5 billion yen and will be made through subsidiary Nidec-Shimpo.

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