Monday 24th Oct 2016 - Logistics Manager

Descartes Acquires Impatex

Canadian IT group Descartes Systems has taken over Impatex, which provides electronic customs filing and freight forwarding systems in the UK, in a deal worth £5.1m.

Impatex brings more than 200 freight forwarder customers to Descartes’ Global Logistic Network.

Edward J Ryan, Descartes’ CEO, said: “Impatex strengthens Descartes’ Customs and Regulatory Compliance platform with additional functionality and a broader set of services for the UK market. In addition, Impatex’s NetFreight forwarding application provides an agile operations platform for smaller forwarders to address local needs while extending their business reach and efficiency through integration with Descartes’ Global Logistics Network.”

* In a second deal, Descartes has taken over Compudata, a provider of B2B supply chain integration and e-invoicing solutions in Switzerland. The cash price was CHF 16.0 million.

Compudata adds more than 500 customers to Descartes’ Global Logistic Network, with the majority of these in Switzerland.