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.