Announced
Synopsis
Aurora Capital Partners, a middle-market private equity firm, agreed to acquire Cold Chain Technologies, a global provider of single-use and reusable passive thermal packaging solutions that ensure reliable shipment of temperature-sensitive materials, principally serving the life sciences supply chain. Financial terms were not disclosed. CCT is a global provider of reusable and single-use passive thermal packaging solutions for the shipment of temperature-sensitive material, principally serving the life sciences supply chain. With more than 50 years of ensuring product safety in transit, CCT has built a reputation as the industry’s most innovative and reliable provider to the largest global life sciences OEMs and distributors. "CCT has built a premiere reputation in the cold chain packaging industry where the high cost of product spoilage has driven an intense focus by life sciences customers on quality and reliability. With the Company's long list of blue-chip clients and track record of organic growth, we believe CCT is well-positioned as the best platform in the industry to continue to grow with its customers both domestically and internationally," Mark Rosenbaum, Aurora Partner.
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