M&A Deal Summary

Cargotec Acquires Navis

On March 21, 2011, Cargotec acquired software company Navis from Zebra Technologies for 190M USD

Acquisition Highlights
  • This is Cargotec’s 1st transaction in the Software sector.
  • This is Cargotec’s 2nd largest (disclosed) transaction.
  • This is Cargotec’s 1st transaction in the United States.
  • This is Cargotec’s 1st transaction in California.
Investment Fate
  • Navis was divested to a consortium of buyers in 2021 for 380M EUR.
  • Navis merged with another company in 2022.

M&A Deal Summary
Date 2011-03-21
Target Navis
Sector Software
Buyer(s) Cargotec
Sellers(s) Zebra Technologies
Deal Type Divestiture
Deal Value 190M USD

Target

Navis

Oakland, California, United States
website
Navis provides enterprise software solutions for the maritime transportation and logistics industry. Navis is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Navis was founded in 1988 and is based in Oakland, California.

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Buyer(S) 1

Buyer

Cargotec

Helsinki, Finland

website

Category Company
Founded 2005
Sector Machinery
Employees11,496
Revenue 3.3B EUR (2020)
DESCRIPTION

Cargotec is a provider of cargo and load handling solutions. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance. Cargotec was founded in 2005 and is based in Helsinki, Finland.

DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-12 MacGREGOR

Helsinki, Finland

MacGREGOR provides marine cargo flow engineering solutions and services for ship-owners, shipyards and ship operators. Products include hatch covers, cranes, RoRo equipment, shipboard elevators and escalators, galleys, cargo securing systems and refrigerated cargo handling systems.

Buy €186M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-26 Navis

Oakland, California, United States

Navis provides enterprise software solutions for the maritime transportation and logistics industry. Navis is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Navis was founded in 1988 and is based in Oakland, California.

Sell €380M

Seller(S) 1

SELLER

Zebra Technologies

Lincolnshire, Illinois, United States

website

Category Company
Founded 1969
Sector Technology Hardware
Employees8,800
Revenue 4.4B USD (2020)
DESCRIPTION
Entrance to Zebra's corporate headquarters in Lincolnshire, Illinois.
Entrance to Zebra's corporate headquarters in Lincolnshire, Illinois.

Zebra Technologies is a manufacturer of thermal bar code label and receipt printers, RFID smart label printer/encoders, card and kiosk printers. Zebra Technologies was founded in 1969 and is based in Lincolnshire, Illinois.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Divestiture) 1 of 2
State (California) 1 of 1
Country (United States) 1 of 2
Year (2011) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-16 Multispectral Solutions

Germantown, Maryland, United States

Multispectral Solutions, Inc. is a provider of ultra wideband (UWB) real-time locating systems and other UWB-based wireless technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-13 LaserBand

St. Louis, Missouri, United States

LaserBand LLC, is a provider of patient identification wristbands and related products which are used more than 200 million times per year by thousands of hospitals around the world.

Buy -
Mergr

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