Cartrack owner acquires 70.1% of Picup Technologies in R70-million deal

Karooooo has acquired 70.1% of Picup Technologies (Picup) in a deal valued at R70-million.  Karooooo owns 100% of Cartrack, a mobility software-as-a-service (Saas) platform that maximises the value of automotive and workflow data by providing real-time data analytics solutions for smart transportation. 

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