Telematics brand ABAX strengthens UK market position through Movolytics acquisition
5[th] December 2023 ABAX, a leading player in the telematics industry, is proud to announce the successful acquisition of Movolytics, the Cambridge-based fleet management and tracking business.
This pivotal move marks a substantial advancement in ABAX’s growth strategy within the UK, representing the business’s first acquisition in three years, and promising to amplify its revenue base by 50% in this key market.
Commenting on the acquisition, Emma Dyga, CEO ABAX said:
Erik Rehn, Head of Sales, ABAX added:
Chris Smith, CEO Movolytics commented:
- ENDS -
Marketing Manager, ABAX UK and BeNe
ABAX Belgium - https://www.abax.com/be-nl/abax-smart-inventory
ABAX Netherlands - https://www.abax.com/nl/abax-smart-inventory
ABAX is a mobility data company, redefining telematics. Our mission is to enable business
value from connected mobility data. Our solution is designed to help our customers manage
all logistics for their mobile workforce in one place, and help track, manage and gain insights
from all vehicles, machines, and tools. These insights help lower the total cost of mobility,
improve sustainability and manage the mobile business smarter - to save time, resources,
and money. We call it SMART MOBILITY.