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21 05 2019 01

Masternaut announces the acquisition by Michelin, which will accelerate Masternaut’s product development and its growth across Europe. Masternaut will continue to operate under its own brand as a fully-owned subsidiary within Michelin, and the transaction is expected to close within the next sixty days.

Founded in 1996, Masternaut is one of Europe’s fleet telematics service providers, with positions in the UK and France. Masternaut provides solutions for fleet tracking and optimization, driver behavior improvement and digital transformation. With Masternaut technology, customers improve driver safety, save on average £660 per vehicle annually, improve their service processes and reduce CO2 emissions (by over 230,000 tonnes in 2018).

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