Kofu Hong Kong Holdings’ Acquisition Of Pioneer Micro Technology

Morgan Lewis represented Kofu Hong Kong Holdings Ltd. in the transaction.

Kofu Hong Kong Holdings Ltd., a joint venture between Shenzhen Yitoa Intelligent Control Co. Ltd. (YITOA) and G Tech Systems Group Inc. (GTSGI), entered into an agreement to acquire all of the outstanding shares of Pioneer Micro Technology Corp. from its current shareholder, Pioneer Corp. The transaction is expected to close on or before October 1, 2020, but may be extended to 2021 if necessary.

YITOA is a public company based in Shenzhen, China, primarily engaged in electronic component distribution, software development, and electronic intelligent controllers.

GTSGI is a global conglomerate based in Southern California with divisions and subsidiaries specializing in fields such as electronics, semiconductors, communication, and building industries throughout the United States and Asia.

Morgan Lewis team advising Kofu Hong Kong Holdings was led by Partners Nancy Yamaguchi (Picture), Alex Wang, Eric Hwang, and Rahul Kapoor, and associates Richard Lee and Narumi Ito.

Involved fees earner: Eric Hwang – Morgan Lewis; Narumi Ito – Morgan Lewis; Rahul Kapoor – Morgan Lewis; Richard Lee – Morgan Lewis; Alex Wang – Morgan Lewis; Nancy Yamaguchi – Morgan Lewis;

Law Firms: Morgan Lewis;

Clients: Kofu Hong Kong Holdings;

Author: Ambrogio Visconti