Navis News >
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Cargotec Sells Navis to Tech Investment Firm for €380m
March 29, 202Cargotec has agreed to sell leading terminal operating system (TOS) provider Navis to Accel-KKR, a Silicon Valley-based technology-focused investment firm for an enterprise value of €380m (US$450m).
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Cargotec Selling Navis to Accel-KKR for $450m
March 29, 20211Cargotec is selling its terminal operating systems business Navis for $450m to Silicon Valley technology investment firm Accel-KKR.
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Accel-KKR to Acquire Navis from Cargotec for $448m
March 29, 2021The acquisition, which has been valued at about $448m (€380m), will undergo council consultation in related jurisdictions and is yet to receive normal regulatory approvals.
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Cargotec Sells Navis Business to Accel-KKR for EUR 380 Million
March 26, 2021This 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.
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Navis Finds a Home in Silicon Valley
March 26, 2021It will find its home in Silicon Valley Navis, one of the main suppliers of technology systems for the management of maritime, port and logistics activities, now part of Cargotec Corporation.
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Cargotec Sells its Navis Software Division to a Silicon Valley Investment Fund
March 26, 2021Goods-handling machinery maker Cargotec has signed an agreement to sell Navis to Accel-KKR, a Silicon Valley-based technology investment firm, for an enterprise value of € 380 million.
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Cargotec Sells Navis for 380 Million Euros
March 26, 2021Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR , a leading Silicon Valley-based technology investment firm for an enterprise value of € 380 million.
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Cargotec Sells Navis to Accel-KKR in $450 Million Deal
March 26, 2021Announced on 26 March, the Silicon Valley-based technology investment firm will acquire Navis with closing expected by Q3 2021.