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WiseTech makes first acquisition of 2020

Yolanda Redrup
Yolanda RedrupRich List Editor

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Logistics software company WiseTech Global is pushing ahead with its acquisition strategy in 2020, despite the approach coming under heavy criticism from short-seller researchers in the last quarter of 2019.

On Wednesday the company announced its first acquisition of 2020, buying Swiss company SISA Studio Informatica, a customs and freight forwarding solutions provider.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/wisetech-makes-first-acquisition-of-2020-20200108-p53pq1