||Australia : Descartes System Group acquires 4Solutions for AU$ 3.5 million
||The global leader in uniting logistics-intensive businesses in commerce, Descartes Systems Group, has acquired 4Solutions, a leading Australia-based provider of cloud-based business-to-business (B2B) supply chain integration solutions. This acquisition is said to be worth around AU$ 3.5 million.
The market leader for B2B supply chain integration and trading partner enablement solutions for the healthcare sector in Australia, 4Solutions operates the Health Supply Network, Australias foremost electronic document exchange network for the healthcare community.
Edward J Ryan, CEO, Descartes said We continue to look for opportunities around the world to expand the geographic reach, functional capabilities and the community of supply chain participants on our Global Logistics Network. By combining with 4Solutions, weve added a team of strong B2B domain experts and weve increased our footprint in Australia to better serve growing markets in Southeast Asia and beyond.
Lee Karlinsky, Senior Vice President Emerging Markets at Descartes said, We see a lot of opportunities to not only grow the customer base in the region but also to expand what we do with our existing customers in Australia. 4Solutions customers will now have access to additional Descartes solutions to improve purchased transportation, shipment visibility, customs filing, fleet management and other related areas of supply chain execution and global trade compliance.
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