Bridgestone completes TomTom Telematics acquisition

Bridgestone
 

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 […]