Speys and Shipitwise have announced today the planned merger of their business operations to offer digital logistics solutions to enable manufacturers and retailers outsource their logistics operations to virtual teams and automated tools. Speys will acquire the Shipitwise assets, people and customer contracts and the merged business will operate under the Speys brand.

Shipitwise, founded in 2015, set out to build a shipping aggregator that would provide an instant dynamic shipping price to anyone, later pivoting to build software that helps bring shipping firms online.

“Shipitwise offers an exciting opportunity for Speys to strengthen and expand its service offering” explains Jouko Sipilä, founder and CEO of Speys. “With the knowledge and technology to bring shipping firms online, the acquisition of Shipitwise supports the Speys strategy to lead the market and meet the future requirements for a single provider to automate logistics of everything”.

Aleksander Gansen, founder and CEO of Shipitwise, also commented “Speys’ acquisition of Shipitwise provides a major growth opportunity for both our businesses through an extended service offering for our clients. As organisations begin their transition to optimise and digitise their logistics operations, we will be best positioned to support them on that journey.” Gansen will join Speys as head of the Digitalisation division within Speys.

The expanded business will continue building Speys’ virtual logistics team offering. The whole team of Shipitwise will continue working with Speys after the merger.

Speys is a Finland-based Digital Party Logistics (DPL) operator focusing on automation of logistics. It has solely focused on providing outsourced logistics services since the year 2016. Since its inception, Speys’ business and service offerings have evolved to meet the unique demands of the dynamic and maturing market.