Australian Software company WiseTech Global has acquired Blume Global, a North American intermodal rail solutions provider, for $414 million. The transaction comes close on the heels of the acquisition of Envase Technologies by WiseTech. Blume Global manages intermodal containers and chassis on behalf of six of the 7 Class 1 US railroads, ocean carriers, and […]
WiseTech Global has acquired Blume Global, a California-based multimodal supply-chain orchestration software provider, for a consideration of $414 million. Blume Global has built a solution that facilitates intermodal rail across North America. The company is being bought from funds controlled by Apollo, EQT, and other minor shareholders, said WiseTech Global, which is an Australia-based company […]
