Investor Presentaiton
Cargotec to sell Navis software business
In February 2020, Cargotec started the review
alternative development paths of Navis business to
secure best possible growth and value creation for the
next development phase for Navis
On 26 March 2021, Cargotec announced the sale of
Navis to technology investment firm Accel-KKR for an
EV of EUR 380 million = 3.6 x sales
As of 1 July 2021, Navis results are no longer
consolidated into Cargotec financials
Approximately EUR 230 million positive impact on
Cargotec's operating profit in 2021
Cargotec's investment since 2011 has enabled Navis
to become the market leader in terminal operating
systems (TOS), and more than doubled revenue to
MEUR 107
Cargotec's other software business will not be sold
CARGOTEC
Investor presentation
November 2021
83View entire presentation