Cold chain acquisitions
UPS expands capacities in the healthcare sector
UPS announces the acquisition of Frigo-Trans and its sister company BPL. The two companies are providers of complex logistics solutions for the healthcare sector based in Germany.
Once the acquisition is complete, UPS will enhance its end-to-end capabilities across Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-sensitive logistics.
"Rapid developments in the pharmaceutical industry are creating a need for more integrated refrigerated and frozen supply chains," said Kate Gutmann, UPS Executive Vice President (EVP) and President International, Healthcare and Supply Chain Solutions. "With the acquisition of Frigo-Trans, we are expanding our portfolio for our customers and accelerating our development into the world's leading provider of complex logistics solutions for the healthcare industry."
The Frigo-Trans and BPL network includes temperature-controlled storage facilities covering six temperature zones from cryopreservation (-196°C) to ambient temperature (+15° to +25°C). In addition, the company offers Europe-wide cold chain transportation solutions as well as temperature-controlled and time-critical forwarding services. The acquisition is expected to close in the first quarter of 2025, subject to customary regulatory reviews and approvals.
You might also be interested in
TGW Automates Intersport Distribution Center
Intersport France has launched a new, highly automated distribution center in Saint-Vulbas, near Lyon. The facility, built by TGW Logistics, is designed to support the sporting goods retailer’s growth, smooth out seasonal peaks, and make store...
read more...Major project in the Korean retail sector
Knapp builds Korea's largest shuttle system
Together with Knapp and Doosan Logistics Solutions, Asung Daiso is building a new highly automated omnichannel logistics center in Yangju, South Korea. The facility is the largest shuttle system ever built by Knapp in South Korea.
read more...Jungheinrich implements automation for...
Fully automated large warehouse launched in Páty
Gebrüder Weiss has put an automated warehouse into operation in Hungary, largely replacing manual processes. The new logistics center near Budapest increases efficiency, capacity and sustainability and at the same time responds to increasing demands...
read more...Highly automated in all product ranges
Richard Kearns knows how his supply chain and his new warehouse in Hernando (Mississippi, USA) are doing because he receives feedback every day.
read more...Hellmann expands cross-border e-commerce
Hellmann is strengthening its e-commerce business with the cross-border product "near", relying on the expertise of Jan Bierewirtz.
read more...Returns logistics: automated, sustainable and future-oriented
Returns have become an integral part of e-commerce - and continue to pose one of the biggest logistical challenges, particularly in the fashion segment. High volumes, short processing times, complex quality requirements and increasing customer...
read more...New CFO at Dachser
Thomas Hiemer has been Chief Financial Officer (CFO) at logistics service provider Dachser since January 1, 2025. As a member of the Executive Board, he is responsible for Finance, Controlling, Tax & Treasury (FCT).
read more...Geis takes over Gras Group
On January 1, 2025, the Geis Group will acquire all shares in the Gras Group, headquartered in Neuwied near Koblenz. This strengthens the company's presence in economically important regions of Germany and expands its role in the IDS Group.
read more...Distribo 3.0: Sustainable and open to technology
With the Distribo 3.0 logistics hall, the transport and logistics service provider Zufall Logistics Group aims to set a new benchmark for sustainable logistics properties. Planned in 2021 under the aspects of process reliability, technological...
read more...