WiseTech Global (ASX:WTC) has taken a decisive step toward cementing its position as a leading force in global logistics technology, announcing a binding agreement to acquire US-based e2open (NYSE:ETWO) for an enterprise value of US$2.1 billion. The acquisition is poised to transform WiseTech’s global reach and accelerate its vision of becoming the operating system for international trade.

Evolving the Operating System for Global Trade

The move is more than just another deal. WiseTech is extending its product and customer reach well beyond its CargoWise core, moving further into adjacent markets that include domestic logistics, global trade compliance, and direct shipper integration.

“Acquiring e2open is a strategically significant step in achieving our expanded vision,” said WiseTech’s Executive Chair and Chief Innovation Officer, Richard White.

The cloud-based e2open platform connects more than 500,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 18 billion transactions annually. It delivers WiseTech a deep foothold in adjacent and complementary markets.

Expanding Market Share and Capabilities

The acquisition significantly enhances WiseTech’s total addressable market and accelerates its strategy of building a global logistics ecosystem.

E2open’s customer network includes approximately 5,600 companies and more than 250 blue-chip clients, along with direct connectivity to major ocean carriers.

White explained that this scale will support the creation of “a multi-sided marketplace” for all players in the supply chain—including shippers, carriers, exporters, and importers.

Strong Strategic Fit with Limited Overlap

Importantly, the overlap between WiseTech and e2open’s products and customers is minimal. This gives WiseTech access to new markets without cannibalising its existing base.

“E2open brings to WiseTech several well established complementary products,” White noted, underscoring the alignment in product verticals and partner networks.

Deal Structure and Funding

The transaction will be fully funded through a newly arranged US$3 billion syndicated debt facility involving a mix of existing and new domestic and international banks.

Post-deal liquidity is projected at around US$700 million, positioning WiseTech to maintain flexibility for future growth.

Expected EPS Accretion and Phased Integration

Financially, the deal is expected to be earnings per share (EPS) accretive in year one, before taking synergies into account. WiseTech plans to approach integration through a phased model, treating e2open’s structured business units as smaller sub-integrations.

“We see tremendous opportunity for synergies, economies of scale and enhanced customer benefits,” White added, pointing to the strategic alignment between the two software platforms.

E2open Shareholders on Board

The transaction has already been approved by a majority of e2open shareholders through written consent, meaning no further shareholder vote is required. The deal remains subject to regulatory approvals and is expected to close in the first half of calendar year 2026.

FY25 Guidance Unchanged

WiseTech confirmed that its FY25 guidance remains unchanged, aside from an estimated US$40 million in one-off transaction costs to be recognised this financial year. The company plans to update investors on its full-year outlook during its August results briefing.

Industry Synergy Meets Execution Discipline

For WiseTech, this acquisition is not just about scale—it’s about building a unified platform that enables real-time, connected decision-making across the global logistics value chain.

“This is a great deal for WiseTech’s business and e2open’s shareholders, for all our customers, the industry and ultimately the end consumer,” White concluded.

With the backing of a well-structured funding plan and a clear integration roadmap, WiseTech is making a bold move toward reshaping how global trade is executed and connected in a digital world.