M&A Deal Summary

Bridgestone Europe NV/SA Acquires TomTom NV - Telematics business

On January 22, 2019, Bridgestone Europe NV/SA acquired technology hardware company TomTom NV - Telematics business from TomTom for 910M EUR

Acquisition Highlights
  • This is Bridgestone Europe NV/SA’s 1st transaction in the Technology Hardware sector.
  • This is Bridgestone Europe NV/SA’s largest (disclosed) transaction.
  • This is Bridgestone Europe NV/SA’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2019-01-22
Target TomTom NV - Telematics business
Sector Technology Hardware
Buyer(s) Bridgestone Europe NV/SA
Sellers(s) TomTom
Deal Type Divestiture
Deal Value 910M EUR
Advisor(s) Simmons & Simmons (Legal)

Target

TomTom NV - Telematics business

Netherlands
TomTom NV - Telematics is a Netherlands based provider of the telematics service provider through Europe.

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Buyer(S) 1

Buyer

Bridgestone Europe NV/SA

Zaventem, Belgium
Category Company
Sector Automotive
Employees18,300
DESCRIPTION

Bridgestone Europe NV/SA is a manufacturer of tyre and rubber across Europe, the Middle East and Africa.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

TomTom

Amsterdam, Netherlands
Category Company
Founded 1991
Sector Information Technology
Employees4,400
Revenue 585M EUR (2023)
DESCRIPTION

TomTom produces maps, navigation software, real-time traffic information, and APIs that enable smart mobility on a global scale, making the roads safer, the drive easier, and the air cleaner. TomTom was founded in 1991 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-18 Autonomos

Berlin, Germany

Autonomos GmbH is a provider of research and development services in the areas of automotive software, digital image processing and 3D sensor technology.

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