WiseTech to divest Expedient following ACCC investigation

The Australian Competition and Consumer Commission (ACCC) has accepted a court-enforceable undertaking from WiseTech Global and its subsidiary BluJay Solutions (Australia) Pty Ltd to divest Expedient, a logistics software business, following an ACCC investigation.

WiseTech acquired Expedient as part of its acquisition of e2open Parent Holdings, Inc. which completed in August 2025.

The undertaking addresses the competition concerns identified by the ACCC in its investigation by restoring Expedient as an independent competitor to WiseTech. The undertaking is court enforceable and imposes strict requirements on WiseTech regarding the divestiture of Expedient.

The ACCC was concerned that WiseTech, which is the largest supplier of logistics software, acquiring Expedient, combined two significant suppliers of logistics software in Australia with specific customs clearance capability.

The ACCC considers that WiseTech already has substantial market power, and that the acquisition removed the constraint CargoWise - WiseTech's core software offering - and Expedient provided on each other and significantly reduced the choice available to Australian customers.

The ACCC was concerned that, in the absence of the undertaking to divest Expedient, WiseTech could increase prices and or reduce the service quality of its logistics software services.

Logistics software is used by freight forwarders, customs brokers and beneficial cargo owners to assist in the export and import of goods in Australia, and therefore, has a wide impact on Australian businesses and consumers. 

The Undertaking requires BluJay to divest Expedient to an ACCC approved purchaser (and WiseTech to procure that it does so) and includes supporting arrangements to monitor compliance.

Expedient will be sold to a purchaser approved by the ACCC on the basis that the purchaser will be able to operate the Expedient business as a viable competitor to WiseTech in the supply of logistics software in Australia.

WiseTech completed acquisition before ACCC review

“While WiseTech informed the ACCC about the acquisition, Wisetech completed the acquisition before the ACCC conducted its review and could reach a decision, despite being aware of the significant concerns being raised,” ACCC chair Gina Cass-Gottlieb said.

“Prior to the new merger regime coming into effect on 1 January 2026, there was no requirement for a merger party to obtain ACCC clearance before proceeding to complete an acquisition. This was one of the key concerns with the previous informal regime.

“However, under the new merger regime which commenced on 1 January 2026, merger parties are required to notify the ACCC of any acquisition that meets the thresholds and must not complete the acquisition until it has been approved by the ACCC or the Australian Competition Tribunal.”

In circumstances where an acquisition is not required to be notified but raises competition concerns, the ACCC may still investigate whether the acquisition is likely to substantially lessen competition in breach of section 50 of the Competition and Consumer Act.

“We retain the ability to investigate acquisitions below the notification thresholds under the substantial lessening of competition test,” Cass-Gottlieb said.

“We can also investigate where an acquisition that is required to be notified has been completed without obtaining ACCC or Tribunal clearance, as this would be in breach of the new merger laws and expose the acquisition to being automatically void.”

“The ACCC encourages merger parties to engage with the ACCC in relation to all acquisitions which raise potential competition concerns to manage this risk."

Further information, including the undertakings accepted by the ACCC, will be published on the ACCC’s undertakings register in due course.

In November 2025, WiseTech Global's Sydney offices were subject to a visit by officers of both ASIC and the AFP, requiring the production of documents regarding alleged trading in WiseTech shares by founder and executive chairman Richard White and three WiseTech employees during the period from late 2024 to early 2025.