WiseTech acquisitions juggernaut rolls on


Ireland’s ABM Data Systems and CustomsMatters now in the Australian’s fold

WiseTech acquisitions juggernaut rolls on
Stewart Bourke and Tony O'Grady of ABM and Vlad Bilanovsky of WiseTech Global

 

Cashed up and aggressive Australian logistics IT firm WiseTech Global has mopped up two European customs solutions providers based in Dublin.

They are ABM Data Systems, a developer and provider of customs clearance solutions accredited for the UK, Belgium, Ireland, the Netherlands, Switzerland, Sweden and Germany, and Republic of Ireland and Northern Ireland customs solution provider CustomsMatters.

ABM Data provides advanced solutions across customs clearance, bonded warehouse and point of delivery management. ABM Data customers include Expeditors, UPS, DSV, Yusen, JAS, Tigers, Heavey RF, and many other exporters, customs brokers, freight forwarders, distributors and logistics service providers.

CustomsMatters provides e-customs solutions through its 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 many other organisations and logistics providers.

This is the second time this year that WiseTech has picked up two European firms in one month.

The second half of the calendar year has been particularly busy, especially locally, having seen it swallowing CMS Transport Systems, Cargoguide and CargoSphere,and Microlistics last week.

"With the potential for increased complexity as Brexit and EU trade changes evolve, WiseTech’s ability to provide deeply integrated customs clearance solutions ultimately reduces risk and costs while improving productivity, security and compliance at the borders," WiseTech Global CEO, Richard White, says.

"Together, these transactions provide WiseTech with market leadership and execution ability across Ireland and further insights into European customs – a key foundation for the challenges ahead. Regardless of ‘hard borders’, or how ‘frictionless trade’ plays out, our speed to market for automated and integrated customs solutions and highly scalable capacity will ensure we can help logistics providers across Europe meet the regulatory challenges and exponential volume growth to come.

"Customs clearance management needs rich software, effective integration and a deep understanding of regulatory requirements to enable on-time, on-budget, accurate compliance.

"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.

"We have worked with the ABM Data team for years and now is the right time to bring them into the WiseTech Global family. Their technology capability, deep pan-European customs knowledge and agile product development team will be applied to our Universal Customs Engine to accelerate and facilitate rapid customs localisations and next-generation development."

 

You can also follow our updates by joining our LinkedIn group or liking us on Facebook