WiseTech acquires Blume Global for $414m

Wooden Blocks With Mergers And Acquisitions Text On Chess Board

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By LoadstarEditorial

16/02/2023

PRESS RELEASE

WiseTech Global acquires Blume Global

Adds rail connectivity in world’s largest domestic logistics market

SYDNEY, Australia – WiseTech Global (ASX:WTC), developer of the leading logistics execution software CargoWise, today announces its acquisition of Blume Global (Blume), provider of a leading solution facilitating intermodal rail in North America, for US$414 million. Headquartered in the United States, Blume is being acquired from funds managed by Apollo, EQT and other minority shareholders.

North America is ...

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