UPS Expands Healthcare Logistics with Acquisition of Frigo-Trans and BPL
UPS has recently finalized the acquisition of two significant healthcare cold-chain logistics companies, Frigo-Trans and BPL, as part of its strategic commitment to enhance healthcare logistics capabilities across Europe. This move aligns with the company’s ongoing efforts to provide end-to-end temperature-controlled and time-sensitive logistics solutions for healthcare customers on a global scale.
Frigo-Trans offers comprehensive temperature-controlled solutions ranging from cryopreservation (-196°C) to ambient storage (+15° to +25°C), along with an extensive Pan-European cold-chain transportation network. Meanwhile, BPL brings its expertise in time-critical freight forwarding and specialized logistics for biopharmaceutical customers who require precise temperature management and rapid deliveries. Together, these acquisitions will strengthen UPS Healthcare’s services for customers in Europe, further enabling them to meet the increasing logistical demands of the healthcare industry.
UPS Healthcare is dedicated to providing innovative logistics solutions globally. With 17 million square feet of healthcare-specific distribution space, its offerings include cold chain management, medical device storage, and clinical trial logistics. These acquisitions fit into UPS Healthcare’s broader mission of advancing logistics technology and infrastructure to meet the complex needs of the pharmaceutical, medical device, and diagnostic sectors.
UPS, a global leader in logistics with revenue of $91 billion in 2023, continues to focus on its purpose of “Moving our world forward by delivering what matters.” This acquisition strengthens its strategy of putting customers first, empowering people, and driving innovation, while also supporting its sustainability goals.
