WISETECH Global has announced the acquisition of Ulukom, a logistics and customs solutions provider in Turkey.
Based in Istanbul, Ulukom offers logistics, customs, freight forwarding and warehouse solutions.
Ulukom customers include MSC, Maersk, CMA-CGM, APL, Çelebi Ground Handling, Arkas Line, ONE, Panalpina and CEVA Logistics and other logistics providers and organisations.
WiseTech Global founder and chief executive Richard White, said as “the bridge between Europe, the Middle East and Asia, and one of the EU’s largest trading partners, Turkey has long been a key market in the region and globally”.
“Ulukom brings valuable experience, management and industry knowledge to the WiseTech Global group, which will deepen our reach in this important Eurasian market,” Mr White said.
“Combining Ulukom’s Turkish logistics and customs expertise with our wider global innovation capabilities will help deliver better solutions to more logistics service providers.”
Ulukom managing director Erkin Findik said they had “a shared vision” with WiseTech to build logistics and customs solutions.
“As part of the WiseTech Global group we will be able to increase our development and deliver even higher productivity, integrated and automated solutions to our customers, which will benefit the broader Turkish market,” Mr Findik said.
Ulukom research and development director İlker Pakten said Ulukom had more than three decades of logistics and customs management experience which “Combined with the WiseTech Global group will create benefits for logistics service customers of all sizes in Turkey and the surrounding markets in this region”.
Remaining under the leadership of İlker Pakten and Erkin Findik, Ulukom’s operations are to be integrated within the WiseTech Global group and Ulukom is to continue to deliver software solutions directly to its own customers, along with WiseTech’s integrated global logistics platform, CargoWise One.
The deal follows WiseTech’s other recent customs and logistics solutions acquisitions around the world.