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Garmin Buys Tri Tronics
MEDIA CONTACT:
Ted Gartner Garmin International Inc. Phone | 913/397-8200 E-Mail | [email protected] Garmin® Acquires Tri-Tronics® Inc., Leader in Electronic Dog Training Equipment Schaffhausen, Switzerland and Tucson, AZ –/June 24, 2011/Business Wire — Garmin Ltd., (NASDAQ: GRMN), the global leader in satellite navigation, today announced that one of its subsidiaries has signed an agreement to acquire Tri-Tronics Inc., the leading designer and manufacturer of electronic dog training equipment. The acquisition will allow the combined company to expand its leadership position in both the tracking and training of sporting dogs and household pets alike. “We are delighted to have Tri-Tronics join the Garmin family. Like Garmin, Tri-Tronics is a leading and respected brand that is committed to designing, manufacturing, and marketing the highest quality, most rugged, and easiest-to-use devices in the business,” said Cliff Pemble, president and COO of Garmin. “By integrating the two companies, we believe we can leverage our areas of expertise into products that can greatly enhance the way that dog owners interact with their canine companions. This acquisition should demonstrate without a doubt that Garmin is fully committed to developing innovative products for the canine market.” . |
Originally Posted by Doc E
(Post 3819163)
MEDIA CONTACT:
Ted Gartner Garmin International Inc. Phone | 913/397-8200 E-Mail | [email protected] Garmin® Acquires Tri-Tronics® Inc., Leader in Electronic Dog Training Equipment Schaffhausen, Switzerland and Tucson, AZ –/June 24, 2011/Business Wire — Garmin Ltd., (NASDAQ: GRMN), the global leader in satellite navigation, today announced that one of its subsidiaries has signed an agreement to acquire Tri-Tronics Inc., the leading designer and manufacturer of electronic dog training equipment. The acquisition will allow the combined company to expand its leadership position in both the tracking and training of sporting dogs and household pets alike. “We are delighted to have Tri-Tronics join the Garmin family. Like Garmin, Tri-Tronics is a leading and respected brand that is committed to designing, manufacturing, and marketing the highest quality, most rugged, and easiest-to-use devices in the business,” said Cliff Pemble, president and COO of Garmin. “By integrating the two companies, we believe we can leverage our areas of expertise into products that can greatly enhance the way that dog owners interact with their canine companions. This acquisition should demonstrate without a doubt that Garmin is fully committed to developing innovative products for the canine market.” . ATB |
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