# Suzhou Victory Precision acquires JOT Automation

Suzhou Victory Precision Manufacture Co., Ltd. has acquired 100% of JOT Automation Ltd. from Head Invest Oy and other sellers. The deal was signed on January 31, 2018, and completed on June 4, 2018.

- Type: Acquisition
- Announced: 2018-06-04
- Where: Finland
- Status: completed
- Products: electronics assembly and functional testing automated solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Suzhou Victory Precision Manufacture Co., Ltd.](https://endata.com/companies/18714.md) (acquirer)
- [JOT Automation Ltd.](https://endata.com/companies/18715.md) (target)
- [Head Invest Oy](https://endata.com/companies/18716.md) (partner)

## Sources

- [headinvest.fi](https://headinvest.fi/2018/head-invest-sells-ownership-in-jot-automation/), 2018-06-07: "JOT and Victory Precision are a strong and unique combination of European competence and Chinese competitiveness."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.