Global logistics solutions group WiseTech Global is continuing its global expansion with the acquisition of Systema AS, a leading customs management solutions provider in Norway.
Headquartered in Oslo, Systema offers customs and logistics management solutions from its core software platform SYSPED to customers in Norway, Denmark and Sweden. Customers include DACHSER, DHL, DSV, Norsk Trailer Express, Schenker, PostNord and others.
“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," says Systema CEO Birgit Vegheim. "High-productivity logistics solutions drive significant benefits for our customers, who we will continue to work closely with across the region.”
WiseTech Global Founder and CEO Richard White adds: “Systema’s valuable customs and cross-border expertise will deepen our 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.
“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," he continues.
Remaining under the leadership of Vegheim and CargoIT founder Svein Huse, Systema’s operations will be integrated within the WiseTech Global group and continue to deliver its logistics management solutions directly to its own customers, along with CargoWise One.
The transaction follows WiseTech's recent acquisition of CargoIT, a customs management solutions provider in Sweden, and numerous European foothold acquisitions in Belgium, Germany, France, Ireland, Italy, Netherlands, Spain and Turkey. The logistics company has also recently acquired logistics solutions in Argentina, Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, the Netherlands, North America, Spain, Sweden, Taiwan, Turkey, the UK and Uruguay.
