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Finska logistikbolaget Cargotec har nu gjort klart med en försäljning av mjukvaruverksamheten Navis efter att i december ha flaggat för att en
By acquiring the leading TOS provider Navis, Cargotec will further strengthen its ability to provide total solutions for its terminal Cargotec Sells Navis Business to Accel-KKR for EUR 380 Million. March 26, 2021 . This follows the announcement in February 2020 that Cargotec would evaluate strategic options for Navis to identify the best options to support the future development of Navis. READ MORE.
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2021-03-26 · Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million. Cargotec förväntar sig att rörelseresultatet under 2021 påverkas positivt med cirka 230 miljoner euro som en effekt av affären. Prognosen för i år som presenterades 4 februari är dock oförändrad. Transaktionen förväntas slutföras under tredje kvartalet. Under 2020 hade Navis en försäljning på 107 miljoner euro.
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Navis is a global leader providing mission critical software solutions and services to port and terminal operators, ocean carriers, ship owners and inland logistics operators. Cargotec has evaluated strategic alternatives for the Navis business to identify the best options to support its future development.
On 6 February 2020, Cargotec announced that the company will review strategic alternative development paths, including new ownership structures and a potential sale of Navis software business. Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm, for an enterprise value of EUR380 million (USD447 million). The final purchase price will be determined based on customary working capital and debt-like adjustments at closing. US Investors Buy Navis from Cargotec March 29, 2021 Cargotec Corporation has signed an agreement to sell the provider of operational technologies and services Navis to Accel-KKR, a Silicon Valley-based technology-focused investment firm for an enterprise value of €380 million (US$450 million).
Cargotec aims to complete the sales process during the first half of 2021. Navis is a global provider of software solutions and services to port and terminal operators, ocean carriers, ship owners and inland logistics operators.
Navis is a global provider of software solutions and services to port and terminal operators, ocean carriers, ship owners and inland logistics operators. Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million. Cargotec Corporation has signed an agreement to sell the provider of operational technologies and services Navis to Accel-KKR, a Silicon Valley-based technology-focused investment firm for an enterprise value of €380 million (US$450 million). Cargotec has now completed “the evaluation of strategic alternatives for its Navis business” it resumed at the same time the proposed merger with Konecranes was announced.
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By acquiring the leading TOS provider Navis, Cargotec will further strengthen its ability to provide total solutions for its terminal Cargotec's Navis acquires Octopi, a terminal operating system for small container and mixed cargo terminals CARGOTEC CORPORATION, PRESS RELEASE, 8 MARCH 2019 AT 08:30 AM (EET) Navis, part of Cargotec, has acquired privately owned company Cetus Labs, Inc. in the US, a provider of a cloud-based terminal operating system (TOS) Octopi for small container and mixed cargo terminals.
2021-03-26 · Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million.
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Vrystelling, 18 Augustus 2015 om 9 uur (EEST) Kalmar, deel van Cargotec, het Navis terminal operating systems (TOS) and Bromma spreaders are provided
Announced on 26 March, the Silicon Valley-based technology investment firm will acquire Navis with closing expected by Q3 2021. Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain.
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Navis has more than 300 employees, mostly located in the United States and India. Its sales are expected to be about $70 million in 2011, with around 40 percent recurring sales. According to Cargotec, Navis will continue its business with its customers as an independent operator.
Cargotec aims to complete the sales process during the first half of 2021. Related: Navis seals Cosco Shipping Ports deal for N4 system Navis is a global provider of software solutions and services to port and terminal operators, ocean carriers, ship owners and inland logistics operators.
2020-12-08 · Cargotec has announced it has initiated a sale process of its software business, Navis.
At the time the then Cargotec President and CEO Mikael Mäkinen said bringing together the Navis TOS with its equipment portfolio would make Kalmar “the only company that can offer the total solution: service, TOS and equipment”. Navis, a part of Cargotec Corporation, has entered into an agreement to acquire the assets of Biarri Rail, a global provider of planning and scheduling optimisation software for freight railroads.
Cargotec has now completed “the evaluation of strategic alternatives for its Navis business” it resumed at the same time the proposed merger with Konecranes was announced. The evaluation “included new ownership structures or a potential sale of Navis software business.” Cargotec has now decided that a sale is its preferred option. As you may have read, Accel-KKR (also “AKKR”), a leading technology investment firm, is to acquire Navis from Cargotec for $448M, after a competitive process that started in earnest last fall. Cargotec says it will “evaluate strategic options for Navis business” Cargotec, which owns Kalmar and Navis, has announced it “has decided to evaluate strategic alternatives for its Navis business to identify the best options to support future development of Navis”.