UPS to buy Andlauer Healthcare Group for $1.6 billion, boosting its specialized logistics services.

UPS is set to acquire Andlauer Healthcare Group for $1.6 billion, enhancing its global healthcare logistics services, particularly in temperature-controlled logistics in North America. The deal aims to boost UPS Healthcare's end-to-end cold chain solutions, catering to customers needing specialized logistics. Subject to customary conditions, the transaction is expected to close by the end of this year.