UPS announced that is has agreed to acquire Frigo-Trans and its sister company BPL (128.88)
- Co announced that is has agreed to acquire Frigo-Trans, and its sister company BPL, industry-leading, complex healthcare logistics providers based in Germany.
- Once completed, the acquisition will enhance UPS's end-to-end capabilities throughout Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-critical logistics.
- The transaction is expected to close in the first quarter of 2025, subject to customary regulatory reviews and approvals. The value and terms of the transaction are not being disclosed at this time.