WiseTech Global announced Tuesday that it has acquired LSI Sigma Software (DataFreight), a provider of customs, freight forwarding and warehouse management software solutions in the U.K.
Headquartered in Southampton, DataFreight provides integrated logistics solutions, including HMRC customs software, specialist consultancy for U.K. customs compliance and freight forwarding solutions for all modes of transport, along with warehousing capabilities for managing bonded and unbonded warehouses in the U.K., WiseTech said.
“Regardless of whether the outcome is a hard or soft border for Brexit, WiseTech is uniquely placed to facilitate trade and deliver cross-border compliance for logistics providers in the U.K. and Europe,” Richard White, WiseTech Global founder and CEO, said. “With DataFreight, we will continue to expand our lead in cross-border capability geographically, further strengthening our local market capacity to move swiftly ahead of U.K. and EU regulatory evolution.”
White said over time DataFreight will “enhance the benefits for U.K. logistics providers of our comprehensive EU coverage with our leading customs-compliance solutions in Belgium, France, Germany, Ireland, Italy, Netherlands, the United Kingdom, Turkey and Spain and our extensive capabilities with the U.K.’s other major trading partner countries, China and the U.S.”
Remaining under the leadership of Ian Brown, co-founder and managing director, DataFreight’s operations will be integrated within the WiseTech Global group. DataFreight will continue to deliver its customs management solutions directly to its own customers, along with WiseTech’s integrated global logistics platform, CargoWise One.
This transaction follows WiseTech’s other recent acquisitions in Argentina, Australasia, Belgium, Brazil, France, Germany, Ireland, Italy, Netherlands, North America, Spain, Taiwan, Turkey and Uruguay and is line with the company’s strategy of accelerating long-term organic growth through targeted acquisitions.
Headquartered in Southampton, DataFreight provides integrated logistics solutions, including HMRC customs software, specialist consultancy for U.K. customs compliance and freight forwarding solutions for all modes of transport, along with warehousing capabilities for managing bonded and unbonded warehouses in the U.K., WiseTech said.
“Regardless of whether the outcome is a hard or soft border for Brexit, WiseTech is uniquely placed to facilitate trade and deliver cross-border compliance for logistics providers in the U.K. and Europe,” Richard White, WiseTech Global founder and CEO, said. “With DataFreight, we will continue to expand our lead in cross-border capability geographically, further strengthening our local market capacity to move swiftly ahead of U.K. and EU regulatory evolution.”
White said over time DataFreight will “enhance the benefits for U.K. logistics providers of our comprehensive EU coverage with our leading customs-compliance solutions in Belgium, France, Germany, Ireland, Italy, Netherlands, the United Kingdom, Turkey and Spain and our extensive capabilities with the U.K.’s other major trading partner countries, China and the U.S.”
Remaining under the leadership of Ian Brown, co-founder and managing director, DataFreight’s operations will be integrated within the WiseTech Global group. DataFreight will continue to deliver its customs management solutions directly to its own customers, along with WiseTech’s integrated global logistics platform, CargoWise One.
This transaction follows WiseTech’s other recent acquisitions in Argentina, Australasia, Belgium, Brazil, France, Germany, Ireland, Italy, Netherlands, North America, Spain, Taiwan, Turkey and Uruguay and is line with the company’s strategy of accelerating long-term organic growth through targeted acquisitions.