TomTom Telematics Purchases Finder S.A.

Posted By: Hamid Moarefon: Monday, January 4, 2016In: Parts

Reports say that TomTom (TOM2) has recently purchased Finder S.A., the key fleet management service provider in Poland, effective as of the end of December last year.

The acquisition reinforces the position of TomTom Telematics as the top and quickest-growing fleet management and telematics service provider in the European region.

Thomas Schmidt, Managing Director TomTom Telematics, considers Poland as one of the fastest-growing telematics markets in Europe. According to him, merging the strength of existing TomTom Telematics activities with Finder S.A. enables them to directly address a huge and budding telematics market with high potential while establishing a key position in Eastern Europe.

With this new acquisition, over 60,000 subscriptions have been added to the TomTom Telematics installed base, thus surpassing the company’s 600,000 vehicles landmark.

Hamid Moaref

Hamid Moaref has always been fascinated by cars and the automotive industry. His family has a longstanding association with the industry and has been in the tire business for the past 35 years. Raised in Dubai, Hamid attended Capilano University in Vancouver where he graduated with a BBA in marketing before attending an intensive course in magazine publishing in 2005. He has been the publisher and chief editor of Tires & Parts magazine for the past ten years.