WiseTech Global today announced the acquisition of Intris, the leading Belgian provider of freight forwarding, customs and warehousing management solutions.
Headquartered in Antwerp, Intris provides its integrated software and cloud-based solutions to customers including Panalpina World Transport, Bollore Netherlands, Rhenus, Gosselin Support Services, AML and many other logistics services providers in Belgium and, more recently, the Netherlands. In addition Intris is the only Belgian integration partner for INTTRA eVGM.The Intris product range includes TRIS Forwarding and Warehouse solutions which offer customers integrated data flows from order through to invoice, and the TRIS Customs Management System, which offers full customs compliance functionality, direct customs and port interfaces to European inland terminals. Their solutions provide process efficiency, productivity and improve risk mitigation for logistics services providers.
WiseTech CEO, Richard White, said, “Bringing Intris into the WiseTech Global group is another step in deepening our reach and capacity in Belgium, one of Europe’s largest and most important trade gateways. We welcome the Intris team and management, as we value their deep industry experience and product development knowledge. We understand the complexities and challenges borne by logistics providers facing EU trade changes, growing transaction volumes and increasing cross-border compliance requirements. This transaction, as part of the continued expansion of our global footprint and broader pan-European capability, will, over time, build further capabilities and productivity for all our customers.”
Intris Managing Director, Patrick Van De Looverbosch, said, “This is the logical next step for Intris, as we are currently transforming our operations and technologies to better support the market and our customers, with whom we will continue to partner closely. With WiseTech’s global strength and significant innovation capacity invested locally, we will accelerate our drive to improve our customers’ forwarding, warehousing and customs management capability.”
Remaining under the leadership of Patrick Van De Looverbosch, Intris operations will be integrated within the WiseTech Global group and Intris will continue to deliver its powerful logistics software solutions directly to its own customers, along with WiseTech’s integrated global logistics platform, CargoWise One.
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.
This transaction follows WiseTech’s other recent acquisitions in Ireland, North America, Australasia, Brazil, Taiwan, and the Netherlands, and is in line with WiseTech Global’s stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions across new geographies and larger, globally capable adjacencies.