Garmin (GRMN) Expands Canine Training Capabilities with New Acquisition
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Garmin Ltd., (Nasdaq: GRMN), subsidiary has entered an agreement for the acquisition of Tri-Tronics Inc.
Tri-Tronics will operate as a wholly owned subsidiary of Garmin Ltd. Its existing management team will be retained and will continue operations at its headquarters in Tucson, Arizona. Financial terms of the agreement will not be released.
The deal is expected to close by June 30, 2011.
Tri-Tronics is a designer and manufacturer of electronic dog training equipment.
Tri-Tronics will operate as a wholly owned subsidiary of Garmin Ltd. Its existing management team will be retained and will continue operations at its headquarters in Tucson, Arizona. Financial terms of the agreement will not be released.
The deal is expected to close by June 30, 2011.
Tri-Tronics is a designer and manufacturer of electronic dog training equipment.
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