The Online Investor
Business Services & Equipment M&A image Business Services & Equipment M&A » By The Online Investor Staff, updated Sun., Oct. 17, 11:08 AM Recent mergers and acquisitions in the Business Services & Equipment M&A category.

Slide #55. Pointer Telocation Ltd. Remainder of Shagrir Systems Ltd.

Acquirer: Pointer Telocation Ltd. (PNTR)
Acquiree: Remainder of Shagrir Systems Ltd.
Details: Pointer Telocation Ltd. (Nasdaq CM: PNTR) - a leading developer, manufacturer and operator of Mobile Resource Management (MRM), announced today that it has completed its previously announced acquisition of the 45.5% interest in Shagrir Systems Ltd. ("Shagrir") that it did not previously own, including Shagrir's management portion. Pointer now owns 100% and has fully consolidated the share capital of Shagrir.

Pointer Telocation is a provider of mobile resource management (MRM) products and services for the automotive, insurance industries and other mobile tracking markets. Co.'s products segment Cellocator, is focused on the design, development and production of MRM products including: devices for asset tracking; fleet management and security products. MRM. Communication systems contained within Co.'s products and tracking hardware utilize either radio frequency or GPRS/GSM technologies. Co.'s services segment MRM, offers a range of services including inter alia: asset tracking; fleet management services; and stolen vehicle retrieval services.

Open the PNTR Page at The Online Investor »

Company Name: 
Pointer Telocation Ltd
Website: 
www.pointer.com
Sector: 
Business Services & Equipment
 

Open the PNTR Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree PNTR Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Business Services & Equipment M&A - Slide 55 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.