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Prime Mover Magazine

WiseTech acquires German company

Sydney-based logistics software specialist, WiseTech Global, has announced the acquisition of German software provider, znet group. 

“WiseTech and znet possess a shared commitment to provision of high productivity logistics execution solutions to the German-speaking and broader European markets,” said WiseTech Global CEO, Richard White. “We welcome the znet team to the WiseTech Global family and will work together to deliver even better solutions for customers.”

According to WiseTech, znet will remain under the leadership of CEO and former customs officer, Werner Tholl, with its operations to be integrated within the WiseTech group. znet will continue to deliver its system products (zara, zafir and zecur) in Germany, while all customers will be able to access WiseTech’s CargoWise One global logistics execution platform.

“At znet, we have a long track-record of innovation, having worked extensively on the development of automated customs system with ATLAS connection and pioneered mobile customs handling in Germany,” said znet CEO, Werner Tholl. “Now as part of the WiseTech Global group we will be able to accelerate our innovation and provide more powerful and extensive capabilities for customers.”

Across 125 countries, CargoWise One enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, land transport and cross border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.

Founded in 1997 and headquartered in Wiesbaden, znet provides powerful automated customs solutions to over 500 customers including Abbott, Lufthansa Technik AERO Alzey, Nippon Express and UPS.

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