KYOTO, Japan -- Japanese motor maker Nidec will acquire Pama, an Italian producer of machine tools, in a deal estimated to be worth 15 billion yen ($108 million), Nikkei has learned.
Electric motor leader aims to become a machine tool powerhouse

A Nidec machine tool used for making gears. Most of the company's sales in the segment are domestic. (Photo courtesy of Nidec)
KYOTO, Japan -- Japanese motor maker Nidec will acquire Pama, an Italian producer of machine tools, in a deal estimated to be worth 15 billion yen ($108 million), Nikkei has learned.