UPS has finalised the acquisition of Frigo-Trans and its sister company BPL, which provide healthcare logistics solutions across Europe.
The purchases are expected to further enhance the end-to-end capabilities available to UPS Healthcare customers, who need temperature-controlled and time-critical logistics solutions globally. 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, the company said in a statement.
Frigo-Trans provides an end-to-end warehouse and transportation solution for pharmaceutical and biotech customers. Other value-added services include, packaging, handling and inventory management. Headquartered in Fußgönheim, Germany, Frigo-Trans’s network expands across all countries in Europe.
Meanwhile, BPL offers individual transport management for GDP-compliant shipping of time-critical and temperature-sensitive products and manages a network of air and ocean freight carriers along with customs clearance to meet the complex, cross border needs of customers. BPL is headquartered in Duesseldorf, Germany.
In other news, DHL Supply Chain has announced new investments in Australia and New Zealand.