{"id":52413,"date":"2024-09-10T13:37:29","date_gmt":"2024-09-10T11:37:29","guid":{"rendered":"https:\/\/www.fyb.de\/ups-takes-over-german-frigo-trans-and-bpl\/"},"modified":"2024-09-18T13:37:29","modified_gmt":"2024-09-18T11:37:29","slug":"ups-takes-over-german-frigo-trans-and-bpl","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/ups-takes-over-german-frigo-trans-and-bpl\/","title":{"rendered":"UPS takes over German Frigo-Trans and BPL"},"content":{"rendered":"

Atlanta\/ D\u00fcsseldorf\/ \u2014 UPS (NYSE: UPS) announ\u00adced the acqui\u00adsi\u00adtion of Frigo-Trans and its sister company BPL (coll\u00adec\u00adtively \u201cFrigo-Trans\u201d), indus\u00adtry-leading provi\u00adders of complex health\u00adcare logi\u00adstics based in Germany.
\nOnce the acqui\u00adsi\u00adtion is fina\u00adli\u00adzed, UPS will enhance its end-to-end capa\u00adbi\u00adli\u00adties across Europe for UPS Health\u00adcare custo\u00admers who incre\u00adasingly require tempe\u00adra\u00adture-sensi\u00adtive and time-sensi\u00adtive logistics.
\n\u201cRapid inno\u00adva\u00adtion in the phar\u00admaceu\u00adti\u00adcal indus\u00adtry is crea\u00adting the need for more inte\u00adgra\u00adted refri\u00adge\u00adra\u00adted and frozen supply chains,\u201d said Kate Gutmann, EVP and Presi\u00addent of Inter\u00adna\u00adtio\u00adnal, Health\u00adcare and Supply Chain Solu\u00adti\u00adons at UPS.
\n\u201cFrigo-Trans will help deepen our port\u00adfo\u00adlio of solu\u00adti\u00adons for our custo\u00admers and acce\u00adle\u00adrate our jour\u00adney to become the global leader in complex health\u00adcare logi\u00adstics to meet their needs.\u201d
\nFrigo-Trans\u2019 network includes a tempe\u00adra\u00adture-control\u00adled warehouse cove\u00adring six tempe\u00adra\u00adture zones from cryo\u00adp\u00adre\u00adser\u00adva\u00adtion (-196\u00b0C) to ambi\u00adent (+15\u00b0 to +25\u00b0C), a pan-Euro\u00adpean cold chain trans\u00adpor\u00adta\u00adtion solu\u00adtion and tempe\u00adra\u00adture-control\u00adled and time-criti\u00adcal freight forwar\u00adding services.
\nThe tran\u00adsac\u00adtion is expec\u00adted to close in the first quar\u00adter of 2025, subject to custo\u00admary regu\u00adla\u00adtory reviews and approvals.
\nThe value and terms of the tran\u00adsac\u00adtion will not be disc\u00adlo\u00adsed at this time. About Frigo-Trans<\/strong> Frigo-Trans provi\u00addes a compre\u00adhen\u00adsive warehousing and trans\u00adpor\u00adta\u00adtion solu\u00adtion for phar\u00admaceu\u00adti\u00adcal and biotech customers.
\nFrigo-Trans utili\u00adzes world-class distri\u00adbu\u00adtion faci\u00adli\u00adties and a phar\u00admacy-focu\u00adsed, pan-Euro\u00adpean cold chain trans\u00adpor\u00adta\u00adtion network.
\nOther value-added services include pack\u00ada\u00adging, hand\u00adling and inven\u00adtory management.
\nThe Frigo-Trans network is head\u00adquar\u00adte\u00adred in Fu\u00dfg\u00f6n\u00adheim, Germany and covers all Euro\u00adpean count\u00adries. About BPL<\/strong> BPL offers custo\u00admi\u00adzed trans\u00adport manage\u00adment for GDP-compli\u00adant ship\u00adping of time-criti\u00adcal and tempe\u00adra\u00adture-sensi\u00adtive products.
\nBPL mana\u00adges a high-quality network of air and sea freight carri\u00aders and hand\u00adles customs clearance to meet custo\u00admers\u2019 complex cross-border requirements.
\nTempe\u00adra\u00adture-control\u00adled pack\u00ada\u00adging is an addi\u00adtio\u00adnal value-added service.
\nBPL prima\u00adrily caters to biopharma custo\u00admers with speci\u00adfic tempe\u00adra\u00adture, quality and speed requirements.
\nBPL is head\u00adquar\u00adte\u00adred in D\u00fcssel\u00addorf, Germany. About UPS<\/strong> UPS (NYSE: UPS) is one of the worl\u00add\u2019s largest compa\u00adnies, with reve\u00adnues of $91.0 billion in 2023, provi\u00adding a broad range of inte\u00adgra\u00adted logi\u00adstics solu\u00adti\u00adons to custo\u00admers in more than 200 count\u00adries and territories.
\nThe company\u2019s appro\u00adxi\u00adm\u00adately 500,000 employees pursue a stra\u00adtegy that is simply formu\u00adla\u00adted and powerfully imple\u00admen\u00adted: \u201cMoving our world forward by deli\u00adve\u00adring what matters\u201d: Custo\u00admer first.
\nPeople led.
\nInno\u00adva\u00adtion driven.
\nUPS is commit\u00adted to redu\u00adcing its impact on the envi\u00adron\u00adment and support\u00ading the commu\u00adni\u00adties we serve around the world.
\nUPS is also a tire\u00adless advo\u00adcate for diver\u00adsity, equa\u00adlity and inclusion.
\nFor more infor\u00adma\u00adtion, visit ups.com, about.ups.com and investors.ups.com.<\/p>\n","protected":false},"excerpt":{"rendered":"

Atlanta\/ D\u00fcsseldorf\/ \u2014 UPS (NYSE: UPS) announ\u00adced the acqui\u00adsi\u00adtion of Frigo-Trans and its sister company BPL (coll\u00adec\u00adtively \u201cFrigo-Trans\u201d), indus\u00ad\u00adtry-leading provi\u00adders of complex health\u00adcare logi\u00adstics based in Germany. Once the acqui\u00adsi\u00adtion is fina\u00adli\u00adzed, UPS will enhance its end-to-end capa\u00adbi\u00adli\u00adties across Europe for UPS Health\u00adcare custo\u00admers who incre\u00adasingly require tempe\u00adra\u00ad\u00adture-sensi\u00ad\u00adtive and time-sensi\u00ad\u00adtive logi\u00adstics. \u201cRapid inno\u00adva\u00adtion in the [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":52410,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-52413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\nUPS takes over German Frigo-Trans and BPL - FYB Financial Yearbook<\/title>\n<meta name=\"description\" content=\"Atlanta\/ D\u00fcsseldorf\/ Fu\u00dfg\u00f6nheim - UPS announced the acquisition of Frigo-Trans and its sister company BPL (together "Frigo-Trans"), industry-leading providers of complex healthcare logistics based in Germany. 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