HPP acted as the legal counsel for GES in its strategic investment into JOT, entitling GES to significant ownership of JOT.
HPP advised on all legal aspects of the investment transaction, including structural aspects, legal due diligence process and drafting and negotiation of the transaction documentation relating to GES investment.
GES, headquartered in San Jose, California specializes in production processing and test equipment design, volume manufacturing and global services for the semiconductor and electronics product manufacturing industry. GES has significant business operations in China, India, Japan, United States and Vietnam.
JOT, headquartered in Oulu, Finland, is a pioneer and leader in automation and testing solutions for electronics production. JOT has business operations in Estonia, China, Finland, Italy, Hungary and the United States.
For further information see the announcements on GES and JOT websites.