You are here: / TomTom Telematics

Posts

Bridgestone discusses its ‘multifaceted’ fleet customer approach

, , , ,

Far from there being one trump card to keep commercial fleets happy and content, Bridgestone believes there are a number of compelling factors that combine to keep its customers on the right road. Bridgestone’s commercial sales director Greg Ward tells Tyres & Accessories that a number of factors combine to make Bridgestone a top proposition to commercial fleets. The manufacturer has invested in digital mobility solutions, while its latest tyres for the segment introduce improved fuel efficiency and durability characteristics.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Bridgestone renames TomTom Telematics Webfleet Solutions
  2. Bridgestone extends Arla fleet agreement
  3. BASys control system, Bandag extruder installed at Bridgestone’s Bulldog plant
  4. Bridgestone secures FirstGroup global fleet partnership
/by

Bridgestone renames TomTom Telematics Webfleet Solutions

,

Bridgestone Europe (Bridgestone) will rename TomTom Telematics as Webfleet Solutions on 1 October 2019, following its acquisition of the company on 1 April. The tyre giant revealed that the EMEA business currently serves more than 1.2 million vehicles with mobility subscriptions and fleet solutions.

Read more

Related news:

  1. Bridgestone discusses its ‘multifaceted’ fleet customer approach
  2. Bridgestone secures FirstGroup global fleet partnership
  3. Compilator invests in fleet business with Inforoute acquisition
  4. Temperature controlled logistics firm retains Bridgestone tyre services
/by

TomTom shareholders set for 750 million-euro windfall

,

TomTom is set to return roughly 750 million euros to its shareholders after the sale of TomTom Telematics to Bridgestone for 910 million euros closed in April 2019. According to the company, TomTom will return the money on 27 May, through a consolidation of shares. Telecom Paper reported that for every 16 shares, nine will remain, resulting in the repayment of 5.74 euros per remaining share. This is said to be equivalent to 3.22 euros per share, based on the number of outstanding shares before consolidation.

Read more

Related news:

  1. Bridgestone buying Tomtom Telematics for 910 million euros
  2. The thinking behind Bridgestone’s TomTom Telematics acquisition
  3. Michelin buys Masternaut
  4. Bridgestone Europe completes acquisition of TomTom Telematics
/by

Michelin buys Masternaut

, ,

Michelin has agreed to buy the entire share capital of Masternaut, one of the largest European telematics providers, for an undisclosed amount. While not price details have been released, according to the company, the transaction has been made on the basis of eight-times 2018 EBITDA before synergies. Masternaut will continue to operate under its own brand as a fully-owned subsidiary within Michelin, and the transaction is expected to close within the next sixty days.

Read more

Related news:

  1. The thinking behind Bridgestone’s TomTom Telematics acquisition
  2. Bridgestone buying Tomtom Telematics for 910 million euros
  3. Michelin, Bridgestone interested in TomTom telematics business
  4. TomTom shareholders set for 750 million-euro windfall
/by

Data increasingly important to future prospects in tyre and mobility sectors

, , ,

It is not unusual for the start of the year to be replete with corporate acquisitions. Some even happen while much of the western world is enjoying Christmas and new year holidays. While European FinTyre Distribution (EfTD) did indeed enact the latest move in its ongoing strategic purchasing programme during the 2018 holiday break, it seems that this year February was the month of choice for getting the chequebooks out, with Bridgestone, Michelin and – in the UK at least – Goodyear all announcing strategic spending. For different but connected reasons all three challenge us to consider the impact of changing mobility trends.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin the number one consumer researched tyre brand: Tyre Reviews
  2. Bridgestone buying Tomtom Telematics for 910 million euros
  3. Goodyear and Halfords moves represent the virtualization of the tyre distribution chain
  4. Further Firestone Recall By Ford
/by

Bridgestone buying Tomtom Telematics for 910 million euros

,

Bridgestone Europe NV/SA, the Europe Middle East and Africa (EMEA) subsidiary of Bridgestone Corporation, has entered into an agreement with TomTom to acquire its telematics business for a cash consideration of 910 million euros. Michelin had also been named as a suitor for the business when the news that TomTom Telematics was for sale emerged in November 2018.

Read more

Related news:

  1. The thinking behind Bridgestone’s TomTom Telematics acquisition
  2. Bridgestone Europe completes acquisition of TomTom Telematics
  3. Data increasingly important to future prospects in tyre and mobility sectors
  4. TomTom shareholders set for 750 million-euro windfall
/by