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Highlights:

  • WTC finalised the AUD 2.1 billion acquisition of e2open, funded by new syndicated debt.
  • WiseTech Global expands into broader trade and supply chain SaaS markets beyond logistics.
  • The company aims to integrate e2open’s platforms while maintaining customer continuity.

WiseTech Global Ltd (ASX: WTC), an Australian developer of logistics software solutions including CargoWise, has completed the acquisition of U.S.-based e2open Parent Holdings Inc., a cloud-based supply chain software provider. The transaction, valued at AUD 3.30 per share in cash and equivalent to an enterprise value of AUD 2.1 billion, is being funded entirely through a new syndicated debt facility. WiseTech initially announced the deal on 26 May 2025. The acquisition is expected to materially expand the company’s reach across the trade and supply chain software landscape, building on its existing presence in global logistics solutions.

E2open offers cloud-based supply chain and trade management software, serving a wide range of multinational customers across industries. Its platform spans demand planning, supply management, transportation, channel operations, and global trade compliance. WiseTech CEO Zubin Appoo described the transaction as a strategic expansion into adjacent markets, citing minimal product overlap and complementary customer bases. “E2open brings products, people, and a cloud-based network that meaningfully extend our addressable global market,” he said.

WiseTech has historically focused on logistics service providers, with its flagship CargoWise product used globally by freight forwarders and customs brokers. Through the acquisition of e2open, the company is now entering areas such as demand and supply planning, transportation and trade compliance services for importers, exporters, manufacturers, and shippers. The company said its longer-term goal is to create a digitally connected supply chain system encompassing both domestic and international trade flows. WiseTech envisions an integrated platform for all participants from suppliers to end consumers  across all transport modes and trade borders.

The business intends to adopt a phased approach to integration, aiming to maintain service continuity for customers of both WiseTech and e2open. Appoo noted that the group would draw on its experience managing over 55 acquisitions to date. “The aim is to reduce reliance on manual processes and improve operational efficiency across the global supply chain,” he added, citing the goal of enhancing digital connectivity and streamlining workflows.

Andrew Appel, CEO of e2open, said the transaction follows a period of internal transformation and refinement at e2open. He expressed confidence in the company’s future under WiseTech’s ownership and highlighted the efforts of the company’s staff, board, and shareholders throughout the process. Founded in 1994 and headquartered in Sydney, WiseTech Global listed on the ASX in 2016 and operates in over 170 countries. Its acquisition strategy has included a series of technology and logistics software businesses aimed at expanding its capabilities in global trade execution. 

WTC is trading 1.38% lower at AUD 114.74 per share as of 04 August 2025.