Another acquisition has been announced: Thermo King has taken over Celtrak, according to a press release.
A spokesperson for Thermo King could not disclose the amount of the sale, but did confirm that the acquisition is official and has been completed.
Thermo King and Celtrak have been partners since 2005. The two companies launched TracKing telematics solutions, which is only available through the Thermo King dealer network. Celtrak was established in 2000 and is based in Galway, Ireland. The company provides telematics products and services for customers in more than 30 countries and in 10 different languages. Celtrak develops and customizes integrated vehicle tracking and fleet management solutions.