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 […]
Bridgestone has clinched a fleet agreement with CM Downton that sees it extend its existing 10-year tyre care contract.
As the world’s largest new tyre manufacturer, turning over $28bn (£22bn) a year, it might seem surprising that Bridgestone also has a significant retread operation. It purchased global cold cure retread franchise Bandag, largely for its huge US operation, and acquired UK hot cure specialist Bulldog in Bourne, Lincolnshire. The fortunes of truck tyre retreaders have waxed and waned in the past decade as a period of high prices and shortages of new tyres prior to 2011 has since been […]
Stuart Jackson has been appointed as business development director for northern Europe at Bridgestone.