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Operations
- Acquisition accelerates Bridgestone’s digital transformation and status as preferred partner in mobility solutions- Deal reaffirms TomTom Telematics as the number one in Europe and as a global leader in fleet management solutions- Completion follows approvals from the relevant regulatory authorities, TomTom’s shareholders and positive response from TomTom’s works council
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Bridgestone Europe NV/SA (“Bridgestone”), a subsidiary of Bridgestone Corporation in EMEA, has entered into an agreement with TomTom to acquire its telematics business, for a cash consideration of €910 million.
Bridgestone is celebrating a major coup after scooping the Tyre Manufacturer of the Year honour at the TyreSafe Awards 2018.
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