Executive Briefings

Descartes Acquires U.K.'s Pentant, E-customs

Descartes Systems Group has announced two recent acquisitions of companies based in the U.K. Pentant Limited is a community system provider, offering customs connectivity and import and export inventory control for ocean, truck and air cargo.

It provides a secure connection to both CHIEF (the Central U.K. Revenue & Customs system) and ICS (the European Union’s Import Control System). The company also helps customers to meet U.K. Revenue & Customs requirements for imports and exports to be managed through an approved inventory-control system for seven seaports and two airports. Price of the acquisition was approximately $2.8m. In addition, Descartes has acquired e-customs Inc., a U.K.-based provider of electronic security and fiscal customs filing services. The company’s Webdecs tool provides shippers and logistics service providers with a range of customs capabilities, to support compliance with fiscal and security filing requirements. Traders can draw on default and client-specific standing data, declaration templates, historical filings, on-screen tips and system validations. Price of the e-customs deal was approximately $9m, Descartes said.

Pentant

Ecustoms

It provides a secure connection to both CHIEF (the Central U.K. Revenue & Customs system) and ICS (the European Union’s Import Control System). The company also helps customers to meet U.K. Revenue & Customs requirements for imports and exports to be managed through an approved inventory-control system for seven seaports and two airports. Price of the acquisition was approximately $2.8m. In addition, Descartes has acquired e-customs Inc., a U.K.-based provider of electronic security and fiscal customs filing services. The company’s Webdecs tool provides shippers and logistics service providers with a range of customs capabilities, to support compliance with fiscal and security filing requirements. Traders can draw on default and client-specific standing data, declaration templates, historical filings, on-screen tips and system validations. Price of the e-customs deal was approximately $9m, Descartes said.

Pentant

Ecustoms