Nidec & Emerson

Esteemed CEO purchases motors & drives divisions for $1.2 billion

Nidec Corp., of Kyoto, Japan, announced Wednesday that it has agreed to purchase multiple businesses of Emerson Electric Co., of St. Louis, Mo. The total buy of 1.2 billion dollars is Nidec’s largest purchase ever and will include Emerson’s motors, drives, and electric power generation divisions. The transaction was detailed in a Nidec news release August 2.

Nidec is a precision motor-maker that has made multiple acquisitions over the years since it began in 1973, including a previous purchase of other Emerson divisions in 2010. This particular pick is intended to bolster presence in European and North American markets.

Shigenobu Nagamori, "The Man Hotter Than the Sun", does not mess around when it comes to major business deals.—Nidec image

Shigenobu Nagamori, “The Man Hotter Than the Sun”, does not mess around when it comes to major business deals.—Nidec image

All of these acquisitions have come under the direction of CEO Shigenobu Nagamori, a champion of motivational tactics who’s been called Japan’s “best CEO” and “The Man Hotter Than the Sun”. The 71-year old billionaire has been characterized as a highly colorful individual, encouraging eating competitions in the office and even appearing in comic strips. Especially since 2000, Nagamori has focused on company diversification and expanding beyond its market beyond his native Japan. In that time period, Nidec’s purchases have totaled approximately $2.9 billion and absorbed over 40 companies, according to Bloomberg. The eccentric is one of the ten richest men in Japan and has been open in expressing his view of electric motors as an essential, expansive part of manufacturing and business in the future.

The all-cash deal includes the French Leroy-Somer Holding and businesses based in the U.K., U.S., China and India, Nidec said Tuesday in a statement. Nidec’s 2010 acquisition included Emerson’s commercial and industrial motors as well as its appliance motors and controls, but excluded Leroy-Somer at the time.

Nidec’s U.S. headquarters (Nidec America Corporation) are based in Braintree, Mass., while its Motor Division (Nidec Motor Corp.) combined with Emerson’s St. Louis facilities following the 2010 agreement. Emerson has been manufacturing motors at the St. Louis location since 1890.



  1. Open Valve for Pentair | Electrical Apparatus Magazine - August 25, 2016

    […] Platinum Equity in a deal valued at $4 billion, and a deal with Japan’s Nidec Corp., who will buy Emerson’s motors and electric power generation unit for $1.2 […]

  2. Another Round? No Thanks | Electrical Apparatus Magazine - April 27, 2017

    […] back to last year. Leroy-Somer Holding, the French-based parent company, was acquired as part of Nidec’s acquisition of Emerson’s motors and drives division, a move that officially went through on January 21, […]

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