Norvestor Equity AS announced today that Investcorp a leading provider and manager of alternative investment products has completed the transaction of European telematics provider ABAX for 1.8 billion NOK ($210M). ABAX recently reported a 32 percent increase in revenue to NOK 471 million($58,4M). At the start of 2017, the company had close to 200,000 active […]
The post Investcorp Acquires Telematics Provider Abax for $210m appeared first on Fleet News Daily.
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