WiseTech Global acquires Blume Global
Summary
This transaction demonstrates WiseTech’s continued investment in its CargoWise ecosystem, improving visibility and process efficiencies end-to-end across the supply chain for our customers.” Blume Global’s CEO Pervinder Johar said: “Joining the WiseTech Global group means greater scale and resources to make logistics processes more productive, agile, dependable, and sustainable with innovative execution and visibility solutions. By providing meaningful growth capital and strategic support, Blume’s management team was empowered to pursue an ambitious expansion strategy and successfully develop an industry leading supply-chain technology platform. We wish Pervinder and the entire team the best in this exciting next chapter.” Further information on this acquisition and WiseTech’s performance and outlook will be provided at the Company’s half year earnings briefing at 10am on 22 February 2023 (AEDT). At WiseTech, we are relentless about innovation, adding over 4,900 product enhancements to our global platform in the past five years while bringing meaningful continual improvement to the world’s supply chains. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach.
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