WiseTech Global announced the acquisition of LSP Solutions (LSP), a leading provider of customs and warehouse management solutions in the Netherlands.
Headquartered in Ede, the LSP offering includes customs compliance management solutions, bonded warehouse administration, contract logistics and warehouse management. LSP provide logistics solutions to customers including Damco, GEODIS, JCL Logistics, Vos Logistics, Hitachi Vantara, and many other organisations.
Remaining under the leadership of Marco Pieplenbosch and Erik Wilting, LSP operations will be integrated within the WiseTech Global group and LSP 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 customs and logistics solutions acquisitions in Belgium, Ireland, North America, Australasia, Italy, Germany, Brazil, and Taiwan, 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.