LOGISTICS software provider WiseTech Global today announced the acquisition of Systema, Norwegian provider of customs management software.
Headquartered in Oslo, Systema offers customs and logistics management systems from its software platform SYSPED to customers across Norway, Denmark and Sweden.
WiseTech Global founder and CEO, Richard White, said Systema’s customs and cross-border expertise would deepen WiseTech’s 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,” Mr White said.
“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.”
Systema CEO Birgit Vegheim said, “we have been helping our customers enhance their cross-border compliance operations for over 30 years and now, by joining WiseTech, we can leverage its global development capacity, in what is an exciting next step for us”.
Remaining under the leadership of CEO Birgit Vegheim and founder Svein Huse Systema’s operations will be integrated within the WiseTech Global group and Systema will continue to deliver its logistics management software directly to its own customers, along with CargoWise One.
Mr White said the transaction followed WiseTech’s recent acquisition of CargoIT in Sweden, and other European foothold acquisitions in Belgium, Germany, France, Ireland, Italy, Netherlands, Spain and Turkey.”