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Thursday, August 28, 2008 - 8:57 AM CDT Garmin completes purchase of Portugese distributor Kansas City Business Journal Garmin Ltd. has closed on its acquisition of the distributor of its consumer products in Portugal for an undisclosed amount. The distributor, SatSignal-Equipamentos de Comunicações e de Navegação S.A., will be renamed Garmin Portugal–Equipamentos de Comunicação e Navegação S.A. and will continue operations at its headquarters in Cacém, near Lisbon, Portugal. The acquisition continues a string of purchases in Europe during the past year. Garmin also has acquired its distributors in, Italy, Germany, Austria, France and Spain. Garmin, a leading producer of handheld electronic navigation and global positioning devices in the United States, increasingly has tried to push its presence in Europe, where Dutch company TomTom dominates the market for similar devices. Olathe-based Garmin (Nasdaq: GRMN) ranks No. 7 on the Kansas City Business Journal’s list of area public companies. |
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| aus der Diskussion: | Warum interessiert sich hier niemand für GARMIN ?? |
| Autor (Datum des Eintrages): | meinolf67 (28.08.08 17:28:35) |
| Beitrag: | 50 von 95 (ID:34895056) |
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