WiseTech Global has acquired ABM Data Systems and CustomsMatters to enhance its customs solutions offerings in Europe amidst evolving trade complexities.
Target Information
WiseTech Global, a prominent player in the global logistics software sector, has successfully acquired two leading European customs solutions providers, ABM Data Systems and CustomsMatters, both based in Dublin. ABM Data Systems specializes in customs clearance solutions and is accredited across multiple countries including the UK, Belgium, Ireland, the Netherlands, Switzerland, Sweden, and Germany. The company offers advanced solutions focused on customs clearance, bonded warehousing, and point of delivery management, serving an impressive client list that includes logistics leaders such as UPS, DSV, and Yusen.
CustomsMatters stands out as the pioneering customs solution provider in both the Republic of Ireland and Northern Ireland. Through its cloud-hosted platform, myCustoms, the company provides e-customs solutions alongside customs brokerage and consulting services, catering to a diverse clientele that features organizations like DHL, SwissPort, and Dairygold. These acquisitions position WiseTech at the forefront of the rapidly evolving customs landscape in Europe.
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Industry Overview in Ireland
The logistics and customs brokerage industries within Ireland have seen substantial growth recently, driven by increased trade activity and stringent regulatory requirements tied to Brexit. This uncertainty has generated a heightened demand for efficient customs clearance an
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WiseTech Global
invested in
ABM Data Systems and CustomsMatters
in
in a Buy & Build / Roll-Up deal