Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Derek Rose

WiseTech buys rail logistics provider Blume for $603m

Wisetech Global CEO Richard White says the acquisition of Blume is strategically significant. (Brendan Esposito/AAP PHOTOS) (AAP)

WiseTech Global has continued its acquisition spree, gobbling up intermodal rail solutions provider Blume Global for $US414 million ($603m).

The US-based company is being acquired from funds managed by Apollo, EQT and minority shareholders.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.