World News: Garmin acquires French distributor
Garmin has acquired EME Tec Sat SAS, the exclusive distributor of Garmin's consumer products in France.
Following the acquisition, EME will change its name to Garmin France SAS.
The company will retain its current management, sales, marketing and supporting staff, and will operate from its current headquarters in the Paris suburb of Nanterre.
According to Garmin chairman & CEO Dr Min Kao, EME has been instrumental in increasing the sales of Garmin’s consumer products in France, and the company believes that there is significant potential for further growth in this European market.
“This acquisition will strengthen Garmin's presence in the French market and will enable us to expand our marketing and sales teams, and consequently, more effectively support our key retailers, OEMs and central purchasing groups in France,” added Kao.
