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Article: Garmin(R) Completes Acquisition of Danish Distributor.
- Article from:
- PR Newswire
- Article date:
- January 17, 2008
CopyrightCOPYRIGHT 2008 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)
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CAYMAN ISLANDS, Jan. 17 /PRNewswire-FirstCall/ -- Garmin Ltd. announced today that it has completed the acquisition of Fairpoint Navigation A/S ("Fairpoint"), the distributor of Garmin's automotive, outdoor recreation, fitness and marine products in Denmark. The company will be renamed Garmin Danmark A/S and will retain its management, sales, marketing and supporting staff, consisting of 35 people and will continue operations at its current headquarters and warehouse facility located close to Copenhagen.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)
Dr. Min Kao, chairman and CEO of Garmin Ltd., said, "We welcome the Fairpoint team ...