Nidec Global Appliance acquires Xecom to expand Embraco's product offerings in the HVAC market, solidifying its position as a leading solutions provider in refrigeration technology.

Target Information

Nidec Global Appliance (GA), a distinguished player in the refrigeration technology sector, is proud to announce an expansive growth initiative. Under its renowned brand Embraco, the company is diversifying its product lines significantly by acquiring Xecom, a manufacturer specializing in scroll compressors. This strategic acquisition marks a pivotal shift, allowing Embraco to extend its reach within the heating and air conditioning (HVAC) markets while reinforcing its comprehensive offerings in the refrigeration domain. By integrating Xecom's expertise, Embraco positions itself as a complete solutions provider, catering to both residential and commercial needs.

Alberto Casnati, President of Nidec Global Appliance, has highlighted the transformative nature of this acquisition, stating, “This is a milestone for Nidec Global Appliance and Embraco, as it now becomes a brand for all climates.” Casnati points out that this expanded scroll technology portfolio will empower the company to deliver high-performance solutions across various applications while adhering to stringent international regulations.

Industry Overview

The global HVAC and refrigeration market is thriving, driven by the increasing demand for energy-efficient solutions and technological advancements. In recent years, there has been a notable shift towards sustainable practices within the industry, highlighting