Highlights

  • WiseTech Global will sell Expedient Software under a voluntary undertaking agreed with the ACCC.
  • Expedient contributes less than 0.4% of WiseTech’s FY26 revenue guidance and employs fewer than 30 staff.
  • The divestment is expected to have no material impact on FY26 guidance, with a one-time non-cash goodwill adjustment anticipated.

 

WiseTech Global Limited (ASX:WTC) has agreed to divest Expedient Software Pty Ltd after entering into a voluntary arrangement with the Australian Competition and Consumer Commission. The divestment follows WiseTech’s acquisition of E2open Parent Holdings in August 2025 and is not expected to alter the company’s financial guidance for FY26.

Regulatory Agreement Leads to Divestment

WiseTech Global Limited (ASX: WTC) confirmed that it has agreed with the ACCC to divest Expedient Software Pty Ltd, a subsidiary of BluJay Solutions (Australia) Pty Ltd. The decision follows regulatory discussions after WiseTech completed its acquisition of E2open Parent Holdings, Inc. in August 2025.

The agreement is being implemented through an enforceable undertaking with the ACCC, under which WiseTech and BluJay will proceed with the sale of the Expedient business. Expedient primarily operates in Australia and New Zealand and was not identified as a key component of the E2open acquisition.

Limited Contribution to Group Operations

Expedient represents a small component of WiseTech’s broader operations. The business employs fewer than 30 staff and generates annual revenue equivalent to less than 0.4% of WiseTech’s FY26 revenue guidance.

WiseTech confirmed that Expedient was not central to the investment rationale for acquiring E2open, which was completed to expand the company’s presence in global trade management and supply chain software markets.

Financial Impact Considered Immaterial

WiseTech advised that the proposed divestment will not result in any change to its FY26 financial guidance. The overall financial impact, including any gain or loss on disposal, will be assessed once the final sale price and completion adjustments are determined.

The divestment is expected to result in a one-time, non-cash derecognition of goodwill estimated in the range of USD 5 million to USD 20 million.

Focus Remains on E2open Integration

The sale of Expedient allows WiseTech to continue progressing the integration of E2open into its existing software portfolio. The E2open acquisition expanded WiseTech’s product offering across global trade management and supply chain management solutions.

WiseTech’s CargoWise platform serves logistics companies across 193 countries, with customers including the majority of the world’s largest freight forwarders and third-party logistics providers.

Market Update

WiseTech Global shares were trading at AUD 68.190 per share, up 0.545%, during the trading session on 31 December 2025.