Posts Tagged ‘cross-border M&A’

New strategic investor in JOT Automation

Oehlandt & Co acted as the financial advisor to JOT Automation in a transaction where Global Equipment Services Inc (GES) became investor in and strategic partner of JOT Automation.

As a part of the ownership arrangement, GES and JOT Automation have agreed on a strategic partnership, where JOT Automation outsources mass production of its equipment to GES.

JOT is a pioneer in automation and testing solutions for electronics production, while GES offers equipment design, manufacturing, and maintenance services, especially for the semiconductor industry.

JOT’s press release can be read here and GES’s release is found here.

.Oehlandt & Co acted as the financial adviser to JOT in the transaction. January 2017.

Norwegian Personalhuset becomes owner in Aaltovoima

The majority in Aaltovoima sold to Norwegian Personalhuset.

The majority in Aaltovoima, a company providing personnel and recruitment services, was on 30th December 2016 sold to Personalhuset Staffing Group from Norway. The estimated revenue of Aaltovoima in 2016 amounts to over 10 MEUR and together with the new partner, the strong growth is expected to continue. Aaltovoima is a leading staffing company in the construction, building service technology and industry segments, and it complements Personalhuset’s current operations in Finland. Aaltovoima’s current owners continue as shareholders in the company.

Oehlandt & Co acted as the financial adviser to the sellers.

Aaltovoima’s press release can be read here (in Finnish) and Personalhuset’s stock exchange release here.

December 2016.