|
|
Article: Garmin(R) Completes Acquisition of Italian Distributor.
- Article from:
- PR Newswire
- Article date:
- November 27, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
CAYMAN ISLANDS, Nov. 27 /PRNewswire-FirstCall/ -- Garmin Ltd. announced today that it has completed the acquisition of Synergy S.p.A. ("Synergy"), the distributor of Garmin's consumer products in Italy. The company will be renamed Garmin Italia S.p.A. and will retain its management, sales, marketing and supporting staff consisting of approximately 40 people and will continue operations at its offices in Milan.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)
Dr. Min Kao, chairman and CEO of Garmin Ltd., said, "The acquisition of Synergy is expected to further strengthen Garmin's presence in the Italian market. We are pleased to ...