Freightos acquires Shipsta, expanding comprehensive digital freight procurement solution
Acquiring Company
Freightos Limited
Acquired Company
Shipsta
Barcelona
Luxembourg CityTransportationMarketplaceSupply Chain ManagementLogisticsTransportationLogisticsDescription
Freightos, a global digital freight procurement solution provider, has announced the strategic acquisition of Shipsta, a leading freight-tender procurement platform. This acquisition broadens Freightos’ digital freight-booking vision, accelerates revenue growth, and strengthens its market position as a technology leader in the global freight industry.
Quick answer
Freightos Limited is acquiring Shipsta, announced August 19, 2024. Freightos Limited is based in Barcelona, Catalonia, Spain.
- How much did Freightos Limited pay for Shipsta?
- The deal value was not disclosed.
- What does Freightos Limited do?
- Freightos Limited is a leading, vendor-neutral booking and payment platform for international freight.
- Where are Freightos Limited and Shipsta based?
- Freightos Limited is based in Barcelona, Catalonia, Spain. Shipsta is based in Luxembourg City, Luxembourg, Luxembourg.
- Who are the decision-makers at Freightos Limited?
- Fundz holds 2 contacts at Freightos Limited. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- CMA CGM acquires majority stake in Santos Brasil, Brazil's leading port infrastructure operator (September 24, 2024)
- UPS to acquire Frigo-Trans & BPL to enhance healthcare logistics capabilities (September 10, 2024)
- Radiant Logistics, Inc. acquires Foundation Logistics & Services, LLC to strengthen capabilities in support of the oil and gas industry (September 4, 2024)
- JAS Jet Air Service S.p.A. acquires Setoa S.p.A. to expand into West African markets (August 23, 2024)
- FST Logistics completes acquisition of Dancer Logistics, expanding its Midwest footprint (August 1, 2024)
Who to call at Freightos Limited, and when
When Freightos Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Freightos Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Freightos Limited, from your own LinkedIn network
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Frequently asked
Who acquired Shipsta?
Shipsta was acquired by Freightos Limited, based in Barcelona. The deal was reported on August 19, 2024. Freightos Limited is a leading, vendor-neutral booking and payment platform for international freight. Freightos Limited is publicly traded (CRGO) and operates in Transportation.
When did Freightos Limited acquire Shipsta?
Freightos Limited's acquisition of Shipsta was reported on August 19, 2024. Freightos, a global digital freight procurement solution provider, has announced the strategic acquisition of Shipsta, a leading freight-tender procurement platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shipsta do?
Shipsta is a leading freight-tender procurement platform used by dozens of Global 1000 enterprises to procure freight at scale from leading freight forwarders and carriers across air, ocean, road, and rail. It is privately held, operating in Transportation, and is based in Luxembourg City.
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