Independent journal on economy and transport policy
06:27 GMT+1
This page has been automatically translated by Original news
Cargotec will buy the society of information Navis technology
The company develops produced for the terminalistico-harbour field. The transaction will have a value of about 190 million dollars
January 31, 2011
The Finnish group Cargotec, colossus of the industry of means of handling in which work with the Hiab marks, Kalmar and MacGregor, has signed an agreement in order to buy the Navis American, society of information technology that develops to mainly Terminal Operating Systems (TOS) and other producing for the terminalistico-harbour field.
Navis will be yielded by the American Zebra Technologies Corporation, than it had it acquired in 2007 (inforMARE on October 19, 2007), and second the forecasts the transaction, that it will cash have a value of about 190 million dollars (140 million euros), will be capacity to term in the first trimester of this year. Navios will continue to operate which independent entity in the within of the Cargotec group.
Zebra has specified that the cession will include some terminalistico-harbour activities to service of the field that comprise a small quota WhereNet, acquired from the group in 2007, between which the production line WhereNet Marine Terminal Solution, while all the other produced ones of WhereNet will remain to the group Zebra.
"This acquisition - it has declared the president and CEO of the Finnish group, Mikael Mäkinen - is online with the strategy of the Cargotec that consists in focusing the attention on the customers and to invest in segments of interest for the customers. The produced ones of Navis are one of the members key of the activity of a terminal operator. Adding Navis to our pocketbook we will be able to offer total solutions to the terminals".
"With the cession of Navis - the managing director of the group has said Zebra, Anders Gustafsson - Zebra will be able to benefit of a greater attention to its Core business to the aim to achieve an increase in the long term, to widen the leadership and to offer remarkable results to the shareholders".
Navios, that it is founded in 1988, has beyond 300 dependent, mainly in the United States and India, and headquarters to Oakland. According to the forecasts, in the 2011 society it will total a turnover of about 70 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The Finnish group Cargotec, colossus of the industry of means of handling in which work with the Hiab marks, Kalmar and MacGregor, has signed an agreement in order to buy the Navis American, society of information technology that develops to mainly Terminal Operating Systems (TOS) and other producing for the terminalistico-harbour field.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
