UPS (NYSE: UPS) announces that is has agreed to acquire Frigo-Trans, and its sister company BPL, (together “Frigo-Trans”) industry-leading, complex healthcare logistics providers based in Germany. Once completed, the acquisition will enhance UPS’s end-to-end capabilities throughout Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-critical logistics. Frigo-Trans’ network includes temperature-controlled warehousing that covers six temperature zones from cryopreservation (-196°C) to ambient (+15° to +25°C); a Pan-European cold chain transportation solution and temperature-controlled and time-critical freight forwarding capabilities.
Read the full article: UPS Bolsters Healthcare Logistics Capabilities with Cold-Chain Acquisitions //
Source: https://www.businesswire.com/news/home/20240910344495/en/UPS-Bolsters-Healthcare-Logistics-Capabilities-with-Cold-Chain-Acquisitions