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UPS has announced plans to acquire Germany-based healthcare logistics firm Frigo-Trans for an undisclosed amount. This acquisition is part of UPS's ongoing strategy to expand its healthcare logistics capabilities. In addition to Frigo-Trans, UPS is also acquiring another Germany-based temperature-controlled logistics provider, BPL. These acquisitions follow previous purchases by UPS, including MNX last year, Bomi Group the year before, and Marken in 2016.
UPS has announced plans to acquire two Germany-based temperature-controlled logistics providers to augment its growing health care logistics business. https://t.co/iqluTmppQv
Today is a big day in supply chain M&A. @UPS is continuing to build on its focus on healthcare. Last year they acquired MNX. The prior year they bought Bomi Group. In 2016 they purchased Marken. And today they are buying Frigo-Trans and BPL. UPS has stated their intent to grow…
$UPS (+0.3% pre) UPS to buy Germany-based healthcare logistics firm Frigo-Trans - Reuters https://t.co/rb1dbCKSsq
