Omnitracs to Acquire Assets of Shaw Tracking
In a move to expand its presence in Canada, fleet management solutions provider Omnitracs has announced that it has signed an agreement to acquire the assets of Shaw Tracking, a leading fleet management solutions provider in Canada.
The terms of the transaction, expected to close summer 2017, subject to regulatory approval of the transfer of operational licenses, were not disclosed.
Omnitracs anticipates the carriers will benefit from what it terms “a more seamless user experience, with direct access to best-in-class technology solutions with exceptional customer service support and infrastructure that addresses current and future demands.”
Noted John Graham, chief executive officer, Omnitracs, “This acquisition is another key step in expanding our global footprint in the technology transportation industry, thereby providing these critical solutions to the ever expanding transportation industry.”
Shaw Tracking has been the exclusive Canadian distributor of Omnitracs fleet management solutions for over 25 years. The company distributes a wide-range of solutions, including GPS vehicle tracking products, fleet management software, and professional services for additional support.
“The Canadian transportation market represents a significant and important opportunity for us,” explained Mike Ham, general manager of Omnitracs, Canada.
Category: Connected Fleet News, General Update