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Eroad's new Coretex deal ‘truly transformational’

A capital raise accompanies the conditional purchase of the telematics specialist.

Reweti Kohere Wed, 14 Jul 2021

Listed transport logistics company Eroad has inked what it has dubbed a “truly transformational” deal to purchase all of telematics software company Coretex for close to $200 million, with the acquisition to be funded partly by a capital raise.

Coretex delivers compliance and fleet

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Reweti Kohere Wed, 14 Jul 2021
Contact the Writer: reweti@nbr.co.nz
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Eroad's new Coretex deal ‘truly transformational’
General Business,
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