UPS to acquire Frigo-Trans & BPL to enhance healthcare logistics capabilities
Acquiring Company
UPS
Acquired Company
Frigo-Trans
Atlanta
FussgönheimDüsseldorfTransportationSupply Chain ManagementLogisticstransportation/trucking/railroadTransportationLogisticsDescription
UPS has agreed to acquire Frigo-Trans and BPL, industry-leading healthcare logistics providers based in Germany. This acquisition will enhance UPS’s end-to-end capabilities throughout Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-critical logistics.
Quick answer
UPS is acquiring Frigo-Trans and BPL, announced September 10, 2024. UPS is based in Atlanta, Georgia, United States.
- How much did UPS pay for Frigo-Trans?
- The deal value was not disclosed.
- What does UPS do?
- UPS is a global package delivery and supply chain management company.
- Where are UPS and Frigo-Trans based?
- UPS is based in Atlanta, Georgia, United States. Frigo-Trans is based in Fussgönheim, Rheinland-Pfalz , Germany.
- Who are the decision-makers at UPS?
- Fundz holds 5 contacts at UPS. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Transportation and Supply Chain Management
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- DSV raises $5.5 billion for acquisition of Schenker to become world's biggest logistics company, $5.5B (October 4, 2024)
- CMA CGM acquires majority stake in Santos Brasil, Brazil's leading port infrastructure operator (September 24, 2024)
- Radiant Logistics, Inc. acquires Foundation Logistics & Services, LLC to strengthen capabilities in support of the oil and gas industry (September 4, 2024)
- JAS Jet Air Service S.p.A. acquires Setoa S.p.A. to expand into West African markets (August 23, 2024)
- Freightos acquires Shipsta, expanding comprehensive digital freight procurement solution (August 19, 2024)
- FST Logistics completes acquisition of Dancer Logistics, expanding its Midwest footprint (August 1, 2024)
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Related People
Frequently asked
Who acquired Frigo-Trans?
Frigo-Trans was acquired by UPS, based in Atlanta. The deal was reported on September 10, 2024. UPS is a global package delivery and supply chain management company. UPS is publicly traded (UPS) and operates in Transportation.
When did UPS acquire Frigo-Trans?
UPS's acquisition of Frigo-Trans was reported on September 10, 2024. UPS has agreed to acquire Frigo-Trans and BPL, industry-leading healthcare logistics providers based in Germany. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Frigo-Trans do?
Frigo-Trans provides an end-to-end warehouse and transportation solution for pharmaceutical and biotech customers. It is privately held, operating in Transportation, and is based in Fussgönheim.
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