Garmin has acquired its Spanish distributor, Electronica Trepat, retaining its...

Garmin has acquired its Spanish distributor, Electronica Trepat, retaining its management and staff. The American supplier of GPS equipment previously took over its distributors in France and Germany. In the 2nd quarter, Garmin reached total sales of $742 million, up 72 percent from the level of one year ago, but ...