UPS has completed the acquisition of Germany-based Frigo-Trans and its sister company BPL, which provide complex healthcare logistics solutions across Europe.
These acquisitions support US-headquartered UPS’ plan to provide healthcare customers with end-to-end temperature-controlled solutions across Europe.
”The acquisitions further enhance the end-to-end capabilities available to UPS Healthcare customers, who increasingly need temperature-controlled and time-critical logistics solutions globally,” said UPS.
”Frigo-Trans’ network includes temperature-controlled warehousing ranging from cryopreservation (-196°C) to ambient (+15° to +25°C) as well as Pan-European cold chain transportation.
”This combined with the logistics solutions brought by BPL’s time-critical freight forwarding capabilities further enhances UPS Healthcare solutions for customers in Europe.”
UPS confirmed it had struck a deal for the acquisitions in September.
Headquartered in Fußgönheim, Frigo-Trans’ network includes temperature-controlled warehousing that covers six temperature zones from cryopreservation (-196°C) to ambient (+15° to +25°C); a Pan-European cold chain transportation solution; and temperature-controlled and time-critical freight forwarding capabilities.
Duesseldorf-based BPL offers individual transport management for shipping of time-critical and temperature-sensitive products for biopharma customers.
BPL manages a network of air and ocean freight carriers along with customs clearance to meet the cross-border needs of customers. Temperature-controlled packaging is also provided.
The purchase price has not been disclosed.