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Europe Daily Bulletin No. 12235

13 April 2019
Contents Publication in full By article 18 / 27
ECONOMY - FINANCE - BUSINESS / Competition
Conditional green light for acquisition of Whirlpool's refrigeration compressors business by Nidec
Brussels, 12/04/2019 (Agence Europe)

The European Commission conditionally approved, on Friday 12 April, the proposed acquisition of Embraco, Whirlpool's refrigeration compressor division, by Nidec

Nidec and Embraco are two of the world's leading producers of refrigeration compressors used in household appliances and light commercial applications. Nidec, based in Japan, is also active in the engineering, manufacture and distribution of a range of electric motors and motor application products. 

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