Cargotec Investor Presentation slide image

Cargotec Investor Presentation

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 Closing is expected by the end of Q3 2021 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 April 2021 80
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