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Minorplanet acquired by Vehicle Management Systems


GPS vehicle tracking service provider Minorplanet Asia Pacific has been acquired by Vehicle Management Systems (VMS), “giving the company a fresh start with new shareholders and new directors while maintaining the core local management team.”
 
Steve Green, CEO of Minorplanet said this outcome has allowed the company to break ties with its UK parent. “It’s great to have a shareholder group committed to the Asia Pacific business and one that is prepared to invest in our business and promote our position in this region.
 
“We’re also happy to put an end to the speculation in the market, which has surrounded our business over the last couple of months.” he said.
 
Vehicle Management Systems and new Minorplanet managing director Dean Verberne said the company is working closely with the team to develop plans to accelerate business growth.
 
Minorplanet provides services to more than 1,200 customers across Australia and New Zealand.
 
“We’ve got many thousands of users across our group and our main concern was to ensure we maintained services while the sale was completed. Our new owner is committed to business continuity and growth, which is great for our people, customers and many business partners. We would like to assure our customers that all services, commercial and regulatory, will continue to be delivered. We now look forward to working with our valued customer base and cementing our leadership position in the market,” said Mr Green.
 

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