The logistics software firm is purchasing ABM Data Systems and CustomsMatters, both based in Dublin, Ireland, after announcing several other acquisitions throughout 2017.
WiseTech Global has acquired two European customs solutions providers, both headquartered in Dublin, Ireland, the logistics software firm announced Dec. 20.
The two companies are ABM Data Systems, a developer and provider of customs clearance solutions accredited for the United Kingdom, Belgium, Ireland, the Netherlands, Switzerland, Sweden and Germany; and CustomsMatters, a customs solution provider in the Republic of Ireland and Northern Ireland.
ABM Data provides advanced solutions across customs clearance, bonded warehouse and point of delivery management. Its customers include Expeditors, UPS, DSV, Yusen, JAS, Tigers, Heavey RF and other exporters, as well as customs brokers, freight forwarders, distributors and logistics service providers.
CustomsMatters provides e-customs solutions through a cloud-hosted customs compliance platform, myCustoms, and customs brokerage and consulting services to customers including DHL, UPS, OAG Cargo, SwissPort, WFS, Aramex, Sisk Healthcare, G&J Distillers, Dairygold, Geodis and other organizations and logistics providers.
“Together, these transactions provide WiseTech with market leadership and execution ability across Ireland and further insights into European customs,” WiseTech Global CEO Richard White, said in a statement.
“Customs clearance management needs rich software, effective integration and a deep understanding of regulatory requirements to enable on-time, on-budget, accurate compliance,” he continued. “As volumes, complexity and compliance requirements increase across the global supply chain, effective customs clearance solutions that can ease the burden on logistics providers, mitigate risk and boost productivity, become critical.”
“Our continued expansion of our European footprint, by adding customs market leadership in Ireland and broader pan-European capability, will, over time, substantially increase productivity for all our customers,” White said.
ABM Data Managing Director, Stewart Bourke, said, “We have a shared vision with WiseTech for a deeply integrated global customs solution, and by joining the WiseTech group, we can leverage the global strength and powerful innovation capability of WiseTech, to accelerate development opportunities across Europe. ABM Data and WiseTech Global will together focus on delivering significant and far-reaching improvements in customs declarations management and cross-border compliance.”
ABM Data and CustomsMatters are expected to remain under the leadership of their respective managing directors while the firms are integrated within the WiseTech Global group. Each business will continue to deliver their customs management solutions directly to their customers, along with WiseTech’s logistics platform, CargoWise One.
WiseTech has been extremely active in the mergers and acquisitions space this year, most recently purchasing warehouse management solutions (WMS) provider Microlistics.
Since January, WiseTech has also announced the acquisitions of:
• Cargoguide, a provider of global airfreight rate management solutions, along with CargoSphere, a provider of global ocean freight rate management solutions;
• CMS Transport Systems, a provider of integrated road transport and logistics management systems across Australia and New Zealand;
• Prolink, a Taiwanese forwarding and customs solutions provider;
• Digerati, a provider of tariff research and compliance tools used by the Australasian customs broking community;
• Bysoft, the largest provider of automated customs solutions to the logistics industry across Brazil;
• ACO Informatica, a provider of customs compliance and customs warehouse solutions to the logistics industry across Italy;
• And znet group, a provider of customs solutions across Germany.
WiseTech Global acquires two European customs solutions providers
