Garrett buying White's

[Loco Raindrops]

So, got this email from White's. Garrett is purchasing them...

 

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[caretaker]

they just came out with a new machine, the ATProxltdfxmxtv hehe it in the GTAIseries

 

[Loco Raindrops]

I've been running a Garrett Z Link on my MX Sport for years so I was ahead of the curve

 

[burlbark]

Fabulous outcome... There will be a great new machine soon.

 

[Irishgoldhound]

Fabulous outcome... There will be a great new machine soon.

I hope so! I hope it’s a machine that rivals the famous Excal.

 

[WaterScoop]

Awesome...now maybe Garrett can buy Tesoro as well

That would be something!

Cheers

 

[DeepseekerADS]

I don't want to see Garrett purchasing Whites AND Tesoro.

Then they'd monopolize the market, and prices would certainly rise.

 

[Treasure_Hunter]

If Garrett was going to but Tesoro they would have already done so by now, Tesoro laid everyone off and closed 2 years ago.

 

[too_pointer]

I am fairly new here. At one time belonged to a few places, looking for a new one I like.
too_

 

[WaterScoop]

They can buy Tesoros intellectual property years after they close. Polaroid is a great example.

DeepseekerADS Minelab will keep Garrett in check with the prices. Perfect example is the release of the Vanquish which forced Garrett to release the Apex and keep the cost low.

Capitalistic economy works! It fosters innovation. Your concern comes only if there would be a monopoly and even though Garrett is an older company the younger Aussies down under are making sure that Garrett does not get complacent in the market place.

Cheers