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Investcorp portfolio company ABAX acquires Automile
Positions ABAX as second largest company in the European telematics market Investcorp, has announced that its portfolio company ABAX has acquired Automile (“Automile”), a Nordic based provider of telematics and internet of things (IoT) services. The transaction has closed and positions the combined group as a global telematics leader with…
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Source: Investcorp and ABAX