Garmin acquisitions
July 18, 2007
Garmin is buying up it’s distributors in Europe left and right. In January, Garmin acquired its French distributor. EME Tec Sat SAS, is the exclusive distributor of Garmin’s consumer products in France.
Earlier this month, they completed an acquisition of GPS Gmbh, the exclusive distributor of Garmin’s consumer products in Germany.
Now in the news, Garmin has announced it’s plans to acquire its main distributor in Spain, Electronica Trepat SA.
Which European distributor is Garmin after next?
Conoco
July 18, 2007
I decided to come back in from the side lines yesterday and picked up ConocoPhillips at $86 per share. After watching COP shoot up in the last couple of day’s rally I put in a limit buy order at about $1.50/share below the market price. COP is now trading at around $86.85 per share.
We’ll see how it goes. As usual after a week or more of strong rally the market is dipping a little. Typical.
