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March 12, 2014
08:36 EDTORBCORBComm announces Euroscan acquisition
ORBCOMM announced that it has completed the acquisition of Euroscan, a global supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscanís integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain. Terms of the acquisition will be available in subsequent public filings. As part of this transaction, Ameriscan, Euroscanís North American subsidiary will add scale and an expanded portfolio of cold chain monitoring services that will complement ORBCOMMís North American transportation operations.
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