Descartes completes Porthus acquisition
Waterloo, Ontario-based Descartes Systems Group, a logistics network, said it has completed the acquisition of Porthus, an global trade management system firm in Antwerp.
Porthus management said last December when the deal was first announced that the market for trade management solutions is rapidly globalizing and that the deal would offer better growth opportunities and help improve logistics processes for both firm’s customers.
Descartes completes Porthus acquisition