In February 2015, Nidec acquired German automotive pump manufacturer GPM to enhance its market position in electric vehicle technologies amid increasing demand for electric and hybrid vehicles.

Information on the Target

Nidec's acquisition of Geräte- und Pumpenbau GmbH (GPM), a German automotive pump manufacturer, took place in February 2015. GPM specializes in the development, manufacturing, and selling of water pumps, oil pumps, and module pumps, and holds a significant market share in the European automotive sector. With a rich history of over 70 years, GPM has established strong partnerships with leading European automotive manufacturers, including Volkswagen, Daimler, and BMW.

The expertise and market presence of GPM significantly enhance Nidec's operational capabilities in the highly competitive automotive pump market. Their advanced technology and specialized knowledge in pump systems position them well to meet the growing demands of electric and hybrid vehicles.

Industry Overview in Germany

The automotive industry in Germany is one of the largest and most influential in the world, known for its innovation and engineering excellence. With a strong focus on technology and sustainability, the industry is undergoing a transforma