Cargotec agrees to acquire Navis
Cargotec has entered into an agreement to acquire US-based terminal operator systems (TOS) provider Navis, from Zebra Technologies, in a deal valued at approximately US$190 million. The acquisition will further strengthen Cargotec’s ability to provide total solutions for its terminal customers. Implemented in marine terminals, rail yard operations and distribution centres in more than fifty countries around the world, Navis‘ flexible and scalable TOS software helps customers to coordinate and automate the movement of containers and equipment in terminal and yard environments. It also enables customers to manage the operations of a single terminal or multiple terminals in different geographic locations from a central location. Navis will continue its business with its customers as an independent part of Cargotec, irrespective of equipment supplier. The acquisition is subject to regulatory approvals from competition authorities, which are expected to be received during the first quarter of 2011. Quelle: eyefortransport |