Economic news

UPS to buy Germany-based healthcare logistics firm Frigo-Trans

2024.09.10 08:02

(Reuters) -UPS said on Tuesday it would acquire Germany-based healthcare logistics firm Frigo-Trans for an undisclosed amount to boost its healthcare cold-chain facilities in Europe.

© Reuters. FILE PHOTO: A Mercedes electric UPS delivery truck is seen in London's Mayfair shopping district, Britain, March 27, 2024. REUTERS/Lisa Baertlein/File Photo

Frigo-Trans network includes temperature-controlled warehousing and freight forwarding capabilities, as well as a pan-European cold chain transportation solution, UPS said.

Under the deal, UPS will also buy Frigo-Trans’ sister company BPL. The transaction is expected to close in the first quarter of 2025, the package delivery firm said.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,936.51 0.65%
ethereum
Ethereum (ETH) $ 3,473.30 0.44%
tether
Tether (USDT) $ 0.999417 0.03%
xrp
XRP (XRP) $ 2.30 1.46%
bnb
BNB (BNB) $ 702.31 1.07%
solana
Solana (SOL) $ 198.68 1.21%
dogecoin
Dogecoin (DOGE) $ 0.331654 1.14%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,466.63 0.44%
cardano
Cardano (ADA) $ 0.913145 2.33%
tron
TRON (TRX) $ 0.257378 0.12%
avalanche-2
Avalanche (AVAX) $ 40.39 2.15%
chainlink
Chainlink (LINK) $ 24.48 2.75%
the-open-network
Toncoin (TON) $ 5.97 3.61%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,120.33 0.44%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 1.00%
sui
Sui (SUI) $ 4.54 2.37%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,741.46 0.85%
hedera-hashgraph
Hedera (HBAR) $ 0.312979 4.05%
stellar
Stellar (XLM) $ 0.383557 5.14%
polkadot
Polkadot (DOT) $ 7.49 0.81%
weth
WETH (WETH) $ 3,473.93 0.45%
hyperliquid
Hyperliquid (HYPE) $ 28.46 6.25%
bitcoin-cash
Bitcoin Cash (BCH) $ 460.79 2.19%
leo-token
LEO Token (LEO) $ 9.51 0.98%
uniswap
Uniswap (UNI) $ 13.83 5.33%
litecoin
Litecoin (LTC) $ 109.17 0.26%
bitget-token
Bitget Token (BGB) $ 5.78 17.47%
pepe
Pepe (PEPE) $ 0.000018 4.32%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,668.70 0.39%
near
NEAR Protocol (NEAR) $ 5.42 2.11%
ethena-usde
Ethena USDe (USDE) $ 0.999432 0.08%
aave
Aave (AAVE) $ 370.21 2.20%
usds
USDS (USDS) $ 1.00 0.04%
aptos
Aptos (APT) $ 9.61 1.25%
internet-computer
Internet Computer (ICP) $ 11.20 0.11%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.515527 1.93%
crypto-com-chain
Cronos (CRO) $ 0.157458 5.77%
vechain
VeChain (VET) $ 0.051731 1.61%
mantle
Mantle (MNT) $ 1.24 1.01%
ethereum-classic
Ethereum Classic (ETC) $ 27.29 2.86%
render-token
Render (RENDER) $ 7.55 3.40%
bittensor
Bittensor (TAO) $ 501.96 0.75%
monero
Monero (XMR) $ 197.19 2.09%
whitebit
WhiteBIT Coin (WBT) $ 24.99 0.48%
mantra-dao
MANTRA (OM) $ 3.78 0.16%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 2.80%
dai
Dai (DAI) $ 1.00 0.08%
arbitrum
Arbitrum (ARB) $ 0.801184 2.26%
filecoin
Filecoin (FIL) $ 5.30 3.11%