PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: MiX Telematics

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

MiX Telematics Acquires Compass FM to Extend Value-added Fleet Management Offerings in South Africa - MiX Telematics announced last week during its half-year earnings call the acquisition of Compass FM, their largest value-added reseller in Southern Africa - MiXTelematics.com
MiX Telematics Acquires Compass FM to Extend Value-added Fleet Management Offerings in South Africa

 

NewswireToday - /newswire/ - Cape Town, South Africa, 2014/11/14 - MiX Telematics announced last week during its half-year earnings call the acquisition of Compass FM, their largest value-added reseller in Southern Africa - MiXTelematics.com. NYSE: MIXT; JSE: MIX

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

MiX Telematics, a leading global provider of fleet and mobile asset management solutions, announced last week during its half-year earnings call the acquisition of Compass FM, their largest value-added reseller in Southern Africa.

“Compass FM has an intrinsic understanding of our business and shares the same vision we have for customers in the fleet industry. The acquisition of this business, therefore, will not only bring a strong sales team to the fold, but will also be immediately accretive to both the top and bottom lines through the consolidation of the value chain,” says Stefan Joselowitz, CEO of MiX Telematics.

Based in Durban, South Africa, Compass FM comprises 70 staff members and has been a reseller of MiX Telematics's products and services since 1997. From the start, the company successfully introduced a range of premium fleet management services and solutions designed to help customers maximise the potential that telematics brings to businesses. These include the "King of the Road" driver scoring and incentive programme, the "Track and React" service for 24-hour monitoring, and safety and security compliance, as well as “Fuel Control”, which involves best practice consultancy for efficient fuel management.

"Our innovation and agility have made us very successful over the years,” says Kenneth Bailey, Operations Director of Compass FM. “Becoming part of MiX Telematics’s global business is a natural step one which will provide us with greater resources and opportunities. We’re excited about the prospects that this acquisition offers our business and, of course, our people.”

“Compass FM brings a strategic competitive advantage to the Group through their extensive market knowledge and product expertise. Their core business strongly complements our existing offerings, and is directly aligned to our broader market strategy. We anticipate a meaningful contribution from Compass FM and look forward to integrating our collective industry knowledge and expertise to boost the value we bring to new and existing customers,” concludes Joselowitz.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: MiX Telematics

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Tracking Navigation - Purchase keywords tags asset tracking, fleet management / Banner Ads!.

 
  Your Banner Ad showing on ALL
Tracking/Navigation articles,
CATCH Visitors via Your Competitors Announcements!


MiX Telematics Acquires Compass FM to Extend Value-added Fleet Management Offerings in South Africa

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

MiX Telematics | Compass FM
Publisher Contact: Leanne Jory - MiXTelematics.com 
+27(0)21 880 5601 leanne.jory[.]mixtelematics.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any MiX Telematics securities in any jurisdiction including any other companies listed or named in this release.

Tracking/Navigation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From MiX Telematics / Company Profile


Read Tracking/Navigation Most Recent Related Newswires:

AGI Partners with Singapore’s NTU-ATMRI to Develop Urban UTM Solutions
GE’s Marine Solutions Strengthens its Presence in ASEAN and China
Leonardo Introduces Latest Generation Active Sonar At Euronaval
Kyrgyz Republic's Main International Airport Adopts NEC's Air Navigation System Solution
MiX Telematics Introduces Industry First Connected Asset Solution
Sparta Systems Announces Silver Sponsorship and Speaking Engagement at the 11th Annual Global Food Safety Summit
MiX Telematics Showcases its Smart Solutions At CTIA Super Mobility 2016
Frost & Sullivan Highlights TSPS, Inc. for Setting the Bar in Customer Value in the North American Commercial Vehicle Smart Parking Services Market
Curtiss-Wright Adds 90-Day Underwater Locator Beacon (ULB) Support to Crash Protected Recorder Family
Frost & Sullivan Lauds MiX Telematics’ Rise as the Leading Provider of Information and Related Services for Mobile Assets
Safran Navigation Systems Selected for France’s New Griffon Armored Vehicles of Scorpion Program
Thales Launches New Ultra-tactical Version of the Ground Master 60 with A Search on the Move Capacity
ROBIN Radar Introduces New Drone Detection System Featuring Advanced Radome Made with Dyneema® Crystal Technology
Frost & Sullivan Commends Storm Telematics’ Best-in-Class Customer Value/ Service in the Fleet Optimization and Asset Management Analytics Market
Thales Provides the Gecko Solution for Detecting and Identifying Drones in the Civil Airspace

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)