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Article: Garmin Closes Acquisition of Italian Distributor
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- Wireless News
- Article date:
- December 26, 2007
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Wireless News
12-26-2007
Garmin Closes Acquisition of Italian Distributor
WIRELESS NEWS-December 26, 2007-Garmin Closes Acquisition of Italian Distributor (C)2007 10Meters - http://www.10meters.com
Garmin announced 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.
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 ...