Navis (Cargotec) Acquires Assets of Biarri Rail
February 19, 2020
Navis, part of Cargotec Corporation, agreed to acquire the assets of Biarri Rail, a Melbourne-based provider of planning and scheduling optimization software for freight railroads. The acquisition integrates Biarri Rail's SaaS planning and optimization capabilities with Navis' N4 Terminal Operating System to expand Navis' inland/intermodal rail solutions and improve rail operations and asset utilization. The Biarri Rail team will continue operating from Melbourne and Chicago; the deal was expected to close by end of February 2020.
- Buyers
- Navis (part of Cargotec Corporation)
- Targets
- Biarri Rail
- Sellers
- Biarri Rail
- Industry
- Transportation
- Location
- Victoria, Australia
- Transaction Type
- Buyout
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