UPS has agreed to acquire Andlauer Healthcare Group (AHG), a Canadian supply chain management firm specializing in healthcare logistics, for CAD $2.2 billion. AHG shareholders will receive CAD $55 per share in cash. This acquisition aims to enhance UPS Healthcare’s cold chain logistics capabilities, catering to the growing demand for temperature-controlled solutions. Kate Gutmann, EVP at UPS, emphasizes the need for advanced logistics due to complex healthcare treatments. The deal is expected to close in the latter half of 2025, pending shareholder and regulatory approvals.
Source: https://www.stattimes.com/pharma/ups-to-acquire-andlauer-healthcare-group-for-16-billion-1355085