WiseTech Global continues expansion with Systema acquisition

Logistics software firm WiseTech Global has continued its expansion with the the acquisition of Systema, a customs management solutions provider in Norway.
Headquartered in Oslo, Systema offers customs and logistics management solutions from its core
software platform SYSPED to customers in Norway, Denmark and Sweden.
Customers include Dachser, DHL, DSV, Norsk Trailer Express, Schenker and PostNord.
WiseTech Global founder and chief executive Richard White said: “Systema’s valuable customs and crossborder expertise will deepen our footprint in the Nordic region’s three largest markets, Norway,
Denmark and Sweden.
"Systema’s considerable Norwegian customs solutions experience combined with our powerful global innovation and development capabilities, and CargoWise One platform, will enhance integrated cross-border logistics solutions for thousands of logistics organisations worldwide.
“This is a further step in our global geographic foothold strategy, expanding WiseTech’s lead in
customs clearance and border compliance, which continues to grow in importance for world trade."
This transaction follows its recent acquisition of CargoIT, a leading customs management solutions
provider in Sweden.
Over the last few years the company has been expanding rapidly, adding companies in Argentina,
Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, the Netherlands, North
America, Spain, Sweden, Taiwan, Turkey, the UK and Uruguay.
It added that the purchases are "in line with WiseTech Global’s clearly stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions".