Temperature-control systems provider Copeland expanded its presence in the cold chain with the acquisition of Dickson. The deal adds monitoring and compliance technologies serving the healthcare and life sciences industries to its portfolio.
“The acquisition of Dickson further strengthens our ability to serve customers across every stage of the healthcare and life sciences cold chain, from pharmaceutical manufacturing through distribution and patient care,” said Copeland CEO Ross Shuster.
Financial terms of the transaction were not provided.
Dickson’s cloud-based platform provides temperature monitoring and visibility throughout the healthcare supply chain, from manufacturing to final delivery. The system notifies food and pharmaceutical shippers of potential losses before they happen.
“Our customers operate in highly regulated environments where precision, compliance and visibility are essential,” said Rick Weiler, president and CEO at Dickson. “By joining Copeland, we are bringing together complementary technologies and expertise that support the monitoring and protection of temperature-sensitive products across increasingly complex supply chains.”
Copeland has over 200 million heating, ventilation, air conditioning and refrigeration installations across approximately 40 countries.
Why it matters? Copeland’s acquisition of Dickson will allow it to integrate advanced cloud-based temperature monitoring into the supply chains of its healthcare customers. This combination protects sensitive products and mitigates product loss by notifying shippers of potential temperature excursions before they occur.
