Aurora Capital-backed Cold Chain Technologies completed the acquisition of Packaging Technology.

Aurora Capital-backed Cold Chain Technologies, a provider of thermal packaging solutions, completed the acquisition of Packaging Technology, a provider of sustainable, curbside-recyclable thermal packaging solutions for the life sciences industry. Financial terms were not disclosed. "PTG is a pioneer in developing sustainable thermal packaging solutions that meet the strict requirements of its global blue-chip pharmaceutical clients. We are thrilled to partner with Bill Blezard and the rest of the PTG team to continue investing in innovative solutions. Together, we will be a global leader in reusable and single-use sustainable parcel shippers with unmatched thermal engineering capabilities, technical expertise, geographic breadth, and digital track-and-trace solutions. We look forward to delivering enhanced value to PTG and CCT customers, and using our combined know-how to achieve a greener, more sustainable future," Ranjeet Banerjee, CCT CEO.