 On June 4, 2019 antitrust concerns about additional acquisitions by the Nidec Corporation in the refrigeration compressor industry led the company to sell off Secop which transitioned to ESSVP IV in September 2019 managed by Orlando Management AG.The transaction is officially completed on September 10, 2019 and from this date forward Secop acts as an independent company again.The figures given in the context of layoffs refer to announced job cuts.