Announced
Completed
Financials
Sources
Tags
France
Completed
Friendly
logistics services
health products transportation
Private
Single Bidder
Industrial Distribution
Acquisition
Majority
Cross Border
Synopsis
UPS, an American multinational shipping & receiving and supply chain management company, completed the acquisition of Transports Chabas Santé healthcare logistics unit, a provider of logistics services intended for transporting fresh products along the Mediterranean Basin. Financial terms were not disclosed. "We're building a pan-European cold chain network that can deliver the next-generation pharmaceutical and biologic treatments at the right time and temperature. With our shared focus on quality, the operations of Transports Chabas Santé will enhance our industry-leading capabilities and better connect our customers to our global, tech-enabled network," John Bolla, President of UPS Healthcare.
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