Bridgestone has completed its purchase of TomTom’s telematics business, creating a significant player in the commercial vehicle fleet management sector. The €910m (£793m) deal was revealed in January and has now received regulatory approval, and the nod from TomTom’s shareholders. The deal bring together, in Bridgestone’s own words, “the world’s largest tyre company with the number one provider of digital fleet solutions in Europe”. Bridgestone’s purchase provides it with access to the biggest European data platform of cars and trucks […]
At the CV Show 2014, contract hire and rental giant Ryder announced it was renewing a five year tyre supply contract with Bridgestone, covering most of its fleet of 25,000 vans, trucks and trailers. Ryder has exclusively used Bridgestone rubber for over 20 years, but 2014 was a watershed in the two companies’ relationship, which became a true partnership rather than just a long term supply agreement.
Bridgestone has extended its tyre supply and maintenance deal with dairy farmer co-operative Arla Foods until 2020.