Bridgestone Europe NV/SA has announced it has completed the acquisition of TomTom Telematics (Telematics), the leading provider of digital fleet solutions in Europe, for €910 million.
Bridgestone Invests in Telematics Sector
First announced on 22 January 2019, the acquisition has now passed the relevant regulatory stages, had full approval from TomTom’s shareholders, and received a positive response from TomTom’s works council.
The acquisition builds on previous work at Bridgestone to strengthen its digital capabilities. Telematics, the number one in Europe in a double-digit growth in...
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