Nidec completes Emerson deal

Founder and CEO of Nidec, Shigenobu Nagamori, has visited Control Techniques and Leroy-Somer to outline his vision for the future of the businesses.

Mr Nagamori said, "We are pleased to welcome Control Techniques and Leroy-Somer into the Nidec family. We have strong ambitions for both companies to grow, and Nidec is committed to providing the necessary support and investment to make that happen.

"Industries which require the use of electric motors, and therefore drives, will form the backbone of the world's economy in the future. Look at the expansion in the use of robots, electric vehicles and drones. All these items need motors, and all those motors need drives. There are clear opportunities for Control Techniques, Leroy-Somer and ultimately Nidec to prosper here.

"Our policy is to put the systems in place which will encourage growth. We will hire and train high calibre people, and encourage those already working for the businesses to enhance their abilities. We will put great emphasis on research and development. As an R&D engineer myself, I know that it is technology which will ensure our businesses succeed. Control Techniques, Leroy-Somer and Nidec offer each other great synergy, and working together we can improve and make our goals a reality."

Nidec boasts a strong track record of facilitating growth among its business, through investment in engineering, design and resources. It has also demonstrated a clear strategy to drive growth in both companies, as well as providing considerable benefits to customers through a far wider range of available products and services.

Both Control Techniques' and Leroy-Somer's product ranges offer a complementary fit with the Nidec line-up, bringing significant benefits for all parties and, importantly, their respective customer bases. The combination will now allow Nidec to sell the entire range of products as a package into all key market spaces, while also allowing Control Techniques and Leroy-Somer access to new markets.

Nidec manufactures electric motors and related components, including small precision motors, motors for automotive, commercial and industrial applications, and medium voltage motors and generators. It employs around 140,000 people worldwide and has operations in over 40 countries. It has been actively developing a new growth platform with particular focus on appliance, industrial and commercial business.