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Bridgestone €910 million acquisition of TomTom telematics unit

25/1/2019
Private acquisition
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€ 910 million

$ 1.033 billion

Announced

25/1/2019

Overview:

  • Auto and track parts manufacturer, Bridgestone, has agreed a deal to acquire the telematics unit of Dutch satellite navigation company, TomTom, for €910 million. 

Jurisdiction:

Netherlands

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:
Allen & Overy

Party: TomTom (Seller)

Simmons & Simmons

Party: Bridgestone (Acquirer)

Lawyers: Carl Meyntjens, Christian Bornhorst, Leo Verhoeff

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