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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