UPS acquires German healthcare logistics firms Frigo-Trans and BPL for cold-chain expansion in Europe.

UPS has announced its acquisition of German healthcare logistics firms Frigo-Trans and BPL, aiming to enhance its cold-chain logistics in Europe for temperature-sensitive healthcare needs. Specific financial details were not disclosed, and the deal is expected to finalize in the first quarter of 2025, pending regulatory approvals. Frigo-Trans offers extensive temperature-controlled warehousing and transportation solutions across six climate zones.

September 10, 2024
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