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UPS announced that it had agreed to acquire Frigo-Trans in September 2024.
Global logistics company UPS has announced that it has completed the acquisition of Frigo-Trans and its sister company BPL, which provide complex healthcare logistics solutions across Europe.
UPS says that these acquisitions ‘further enhance the end-to-end capabilities available to UPS Healthcare customers, who increasingly need temperature-controlled and time-critical logistics solutions globally’.
Headquartered in Fußgönheim, Germany, Frigo-Trans provides an end-to-end warehouse and transportation solution for pharmaceutical and biotech customers, with a ‘pharmacy-focused, Pan-European cold chain transportation network’. It also provides value-added services such as packaging, handling and inventory management.
Also based in Germany but headquartered in Düsseldorf, BPL offers ‘individual transport management for GDP-compliant shipping of time-critical and temperature-sensitive products’. It manages a network of air and ocean freight carriers along with customs clearance to ‘meet the complex, cross-border needs of customers’. Read more
Source: LOGISTICS MANAGER
