UPS to Acquire Frigo-Trans and BPL for Healthcare Cold-Chain Logistics Expansion
September 10, 2024
UPS has agreed to acquire Frigo-Trans and its sister company BPL (together “Frigo-Trans”), Germany-based providers of complex healthcare logistics. The acquisition is expected to close in the first quarter of 2025 and is intended to expand UPS’s end-to-end, temperature-controlled (cold-chain) capabilities across Europe for healthcare customers.
- Buyers
- UPS
- Targets
- Frigo-Trans, BPL
- Industry
- Healthcare Services
- Location
- Germany
- Transaction Type
- Buyout
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