Announced
Completed
Synopsis
Carrier-backed Sensitech, a provider in supply chain visibility, providing innovative solutions for maintaining the quality and integrity of precious cold cargo, completed the acquisition of the cold chain monitoring systems business from Berlinger, a high-tech cold chain monitoring systems provider. Financial terms were not disclosed. "This successful acquisition marks a strategic milestone for Sensitech, creating comprehensive and differentiated cold chain monitoring and visibility solutions for the pharma and life sciences industry. We are excited to welcome the Berlinger team as our new colleagues and look forward to bringing together the best of Berlinger and Sensitech to enable our customers' cold chains to become more connected, automated, intelligent and sustainable," Bhasker Kaushal, Sensitech Vice President.
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