Wolfe Research Upgrades UPS (UPS) to Outperform
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UPS Completes Acquisitions of Healthcare Cold-Chain Logistics Providers Frigo-Trans and BPL
January 8, 2025 6:30 AM UTCAcquisitions Accelerate Plan to Provide Healthcare Customers with End-to-End Temperature-Controlled Solutions Across Europe
ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced that it has completed the acquisition of Frigo-Trans and its sister company BPL, which provide industry-leading, complex healthcare logistics solutions across Europe.
The acquisitions further enhance the end-to-end capabilities available to UPS Healthcare customers, who increasingly 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... More
