Thales Navigation Takeover

GPS equipment specialist Thales Navigation, whose European headquarters are in Carquefou, France, has been acquired for an undisclosed sum by Shah Capital Partners (SCP), a private equity consortium based in Santa Clara, California.

GPS equipment specialist Thales Navigation, whose European headquarters are in Carquefou, France, has been acquired for an undisclosed sum by Shah Capital Partners (SCP), a private equity consortium based in Santa Clara, California.