AUCKLAND, NEW ZEALAND: EROAD Limited has entered into a conditional agreement to acquire 100% of Coretex Limited in a NZ$188.3 million deal, a news release said. Under the agreement, EROAD pays NZ$157.7m in upfront consideration and NZ$30.6m consideration contingent on certain performance milestones. The acquisition will be partly funded by a NZ$64.4m fully underwritten conditional…
All posts tagged EROAD Limited
EROAD partners with Phillips Connect in North America
AUCKLAND, NEW ZEALAND: EROAD Limited has entered into a strategic partnership with Phillips Connect, a leader in expandable and durable telematics solutions specifically focused on trailer and asset operations, safety and health. This partnership will bring Phillips Connect devices, sensors, dashboards and reporting to EROAD’s customers for advanced trailer and asset monitoring. Phillips Connect solutions…
EROAD appoints Casey Ellis as President North America
WELLINGTON: Transportation technology services company EROAD Limited has appointed Casey Ellis to the role of President, North America. Casey has held significant senior leadership positions in the Transport and Logistics sector in North America, including 13 years at Uni-Group Ltd, where he was instrumental in their transformation to an agile, customer focused organisation. As President…