Port News & Information Mediterranean, Black & Caspian Seas
Source: Ports Europe

Cargotec sells Navis business to technology investment firm Accel-KKR for an enterprise value of EUR 380 million

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Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million – March 26, 2021 Cargotec expects that the deal will have approximately EUR 230 million positive impact on its operating profit in 2021. The final purchase price…

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