THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.
Automotive Fleet checks in with Melissa Smith about a new headquarters, mobile payments, and several recent acquisitions.
Fiat Chrysler Automobiles has retracted its offer to merge with Renault a week after submitting the offer because Nissan declined to support it, according to reports.
BSM brings 20 years of fleet management expertise while contributing to the over 1.7 million fleet telematics subscribers utilizing Geotab products and services globally.
CalAmp has acquired Synovia Solutions from a private investment firm for $50 million as the Irvine, Calif.-based telematics hardware provider continues to expand into subscription services.
Geotab has signed an agreement to acquire BSM Technologies. BSM provides telematics to more than 165,000 vehicles in Canada and the United States.
Bridgestone Europe, a subsidiary of Bridgestone Corp., has completed its acquisition of TomTom Telematics for approximately $1 billion.
Icahn Automotive Group, which owns and operates leading auto repair and maintenance providers Pep Boys, AAMCO, and Precision Tune Auto Care, has completed its acquisition of RPM Automotive.
Omnitracs has acquired cloud-based software provider Blue Dot Solutions and plans to incorporate its platform and products into the Omnitracs One telematics platform.
Southern Tire Mart has agreed to buy 46 GCR Tires & Service (GCR) stores and six GCR retread plants from Bridgestone Americas.