UPS is set to acquire Frigo-Trans to enhance its healthcare logistics services.

by Web Administrator Sep 11, 2024 15:30

UPS has announced its acquisition of Frigo-Trans and its sister company BPL, enhancing its healthcare logistics capabilities in Europe. This move aims to address the growing demand for temperature-sensitive and time-critical logistics in the pharmaceutical industry. Kate Gutmann from UPS emphasized that Frigo-Trans will strengthen their service offerings and help position UPS as a leader in complex healthcare logistics. The deal is expected to close in Q1 2025, pending regulatory approvals, although financial details have not been disclosed. More information can be found [here](https://www.stattimes.com/pharma/ups-facilities-in-new-york-shanghai-get-ceiv-pharma-certification-1352798).

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