Alliances & Acquisitions

TomTom acquires fleet management solution provider Coordina

TomTom
TomTom

Amsterdam: TomTom has acquired Coordina (Gestion Electronica Logistica, S.L.), a Spanish fleet management solution provider.

Thomas Schmidt, TomTom Business Solutions’ Managing Director: “The acquisition of Coordina will enable us to deliver our highly innovative and easy-to-use products in combination with our award winning TomTom WEBFLEET services to more Spanish fleets faster. It gives us also access to a first class team with a similar culture, a broad and strong local sales network and a well-established local service hub. The large, currently underpenetrated Spanish market, is expected to grow strongly during the next years.”

According to the source, by adding 27,000 subscriptions from Coordina, TomTom Business Solutions will reach an active installed base of more than 300,000 vehicles which services 25,000 customers.

 
Source: http://corporate.tomtom.com/releasedetail.cfm?ReleaseID=781733

 

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