AddSecure Acquires Astrata Europe B.V.'s European Telematics Division
June 5, 2024
AddSecure, a Castik Capital-backed provider of secure IoT and fleet solutions, has acquired Astrata Europe B.V., the European telematics division of Astrata, closing the transaction on June 5, 2024. The deal expands AddSecure's transport and logistics offering, adds telematics expertise and sales capabilities, and extends its geographic footprint into markets such as Italy and Hungary.
- Buyers
- AddSecure, Castik Capital
- Targets
- Astrata Europe B.V.
- Sellers
- Astrata
- Platforms
- AddSecure
- Industry
- Transportation
- Location
- Netherlands
- Transaction Type
- Addon
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