Double acquisition for Descartes

Global logistics technology specialist Descartes Systems has acquired UK based electronic security firm e-customs Inc (e-customs) for $9m.
The deal will bring the e-customs’ Webdecs UK fiscal filing and security system within the Ontario-based logistics software giant’s suite of specialist cloud based systems.
“By combining with e-customs, we’ve deepened our UK expertise and added more robust capabilities to our global customs and regulatory compliance solution portfolio,” said Edward Ryan, chief executive of Descartes.
“We’re also excited by the opportunity to help e-customs’ installed base of customers run more efficient and profitable logistics operations by providing them access to the complementary solutions available on Descartes’ Logistics Technology Platform.”
Descartes has also announced the $2.8m acquisition of Pentant Ltd, a UK-based Community System Provider offering customs streamlined declaration, cargo security and clearance processes at several UK ports and airports.
Did you find this article of interest, if so why not register for a FREE digital subscription to Air Cargo News? – Find out more
Life Sciences and Pharmaceuticals Conference 2014, to be held in London during December. To register and find out more…

Share this story

Related Topics

Latest customs news

Kerry and Menzies partner on customs clearance at Macau

Kerry Logistics is partnering with Menzies Aviation and Menzies Macau Airport Services to enhance customs clearance for e-commerce at Macau…

Read More

Share this story

Forwarders and shippers call for more data ahead of new import regime

International forwarders’ federation FIATA and the Global Shippers Forum (GSF) have called for better data quality and information exchange ahead…

Read More

Share this story

Lufthansa customs arm tops 50m clearances

Lufthansa Cargo’s CB Customs Broker subsidiary has carried out 50m clearances in its three-year existence. The broker carries out import…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.