ASX-listed logistics software developer WiseTech Global has acquired Sistemas Casa, a Mexican provider of customs and international trade software.
Sistemas Casa offers a suite of customs software systems to automate administrative and operational customs processes to help importers and exporters comply with Mexico’s customs regulations.
Sistemas Casa holds an authorisation issued by the National Customs Agency of Mexico to provide pre-validation services of the data in customs declarations.
The Mexico City-based company’s customers include customs brokers who operate on behalf of global freight forwarders including DHL, UPS and FedEx and Mexico-based exporters such as Pemex – the Mexican state-owned petroleum company.
WiseTech Global chief execution officer Vlad Bilanovsky said Sistemas Casa brings deep domain expertise, a highly skilled team and proven technology systems specific to Mexico’s customs processing requirements.
“This acquisition is another step in our strategy to provide a single global customs system for customs clearance and cross-border compliance – an increasingly complex and critical part of world trade,” Mr Bilanovsky said.
“With Sistemas Casa, our global customs system will cover more than 70% of global manufactured trade flows via a combination of our native customs platform and acquired businesses, taking us closer to our 90% target.”
Mr Bilanovsky said WiseTech Global is committed to meeting the needs of large global freight forwarders that seek a single global customs platform to make their customs processing more efficient, compliant, and secure.
“We are progressing toward our vision to be the operating system for global logistics,” he said.
In an announcement, WiseTech said Sistemas Casa’s operations would be integrated within the WiseTech Global group and remain under the current leadership.
The company said Sistemas Casa would continue to deliver their customs software directly to their customers, and offer other CargoWise systems over time.
WiseTech Global foothold business general manager Americas Edneia Chebabi said Mexico is the largest US trading partner and is growing in importance as a nearshore manufacturing location alternative to Asia.
“This is a critical global trade border for machinery, the automotive industry, chemicals, food products, and petroleum,” Ms Chebabi said.
“Adding Sistemas Casa’s capabilities to the CargoWise global customs ecosystem will make it easier for our customers to comply with Mexico’s complex border requirements.”
