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WiseTech Global completed the acquisition of Envase Technologies for $230m.

Synopsis

WiseTech Global, a developer of logistics execution software CargoWise, completed the acquisition of Envase Technologies, a provider of transport management system software for intermodal trucking, drayage and landside logistics in North America, for $230m. "This is a strategically significant acquisition in landside logistics, which extends and strengthens our position in one of our six key CargoWise development priority areas, and we’re extremely pleased to have the Envase team join the WiseTech Global group," Richard White, WiseTech Global Founder and CEO.

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