Mergers: Commission approves Nidec's acquisition of Embraco, subject to conditions
2019-04-17
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Nidec of Embraco, Whirlpool's refrigeration compressor business. The approval is conditional on compliance with Nidec's commitments. Embraco, based in Brazil, is active in the manufacture and sale of refrigeration compressors for refrigeration appliances.