WiseTech Global is set to acquire ImpexDocs, enhancing its global trade management capabilities to improve logistics execution and compliance in international trade.
Target Information
WiseTech Global (ASX:WTC), a prominent developer of logistics execution software known as CargoWise, has announced its intention to acquire ImpexDocs, a provider specializing in Global Trade Management (GTM) solutions. Established in 2003 by Manish Desai, ImpexDocs is headquartered in Sydney, Australia, and offers a comprehensive suite of software designed to centralize, digitize, and automate international trade workflows. The acquisition is being executed through the buying entity Acme Trade Group, and remains subject to certain regulatory approvals.
ImpexDocs serves a diverse client base across Australia, New Zealand, and the United States. Their digital platform enables export supply chain executives to manage all aspects of international trade documentation and processes. This includes overseeing sales and purchase orders, shipping activities, and compliance documentation, while ensuring visibility of order and shipment statuses, as well as contracts.
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Industry Overview in Australia
The global trade management industry in Australia has seen significant growth in recent years, driven by globalization and advancements in technology. Companies increasingly require sophisticated solutions to navigate the comple
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