Recently, Isvision (Hangzhou) Technology Co., Ltd. (“ISV”) announced and successfully completed its acquisition of the control of EHR, a leading industrial vision enterprise in Germany (“EHR”). Both ISV and EHR are leading enterprises in the field of industrial vision segmentation. The acquisition of EHR’s equity by ISV will help to generate a synergy between the products of these two enterprises and to provide customers with integrated machine vision solutions. by leveraging EHR’s firm standing and business arrangement in European market, ISV will officially initiate the strategic globalization of its products.
ISV is a hi-tech enterprise integrating R&D, design, manufacture and application of industrial vision products. It is dedicated to providing integrated machine vision solutions for high-end manufacturers in the fields including automobile, rail transit, aerospace and aviation. Its products can be used to measure, detect, guide and identify in the manufacturing process, and have been used by more than 70 industrial mainstreamers within or outside of China in total. EHR is an industrial vision company specializing in welding quality inspection in automotive industry. The welding defect inspection system developed by EHR can be used to inspect the surface quality of various welding modes online. Such system is widely used in Daimler, Volkswagen, Gestamp and other well-known automobiles and parts suppliers.
JunHe as the exclusive PRC legal counsel of ISV, mainly participated in the design of transaction structure, negotiation and revision of or to transaction documents, preparation of relevant documents for filing of outbound investment with the competent authorities, coordination with the intermediaries and banks in order to facilitate the closing and other works of the transaction. We are highly recognized by both the clients and the participants.