UPS has agreed to terms with Polish investment fund ORTIE to purchase healthcare logistics company Poltraf.
UPS will acquire Polish healthcare logistics company Poltraf from ORTIE.
Although terms of the sale have not been disclosed, the company expects
the deal to be completed in the first half of 2015, strengthening UPS’
healthcare and pharmaceutical supply chain market in Europe.
In its press release, UPS said that Blonie-based Poltraf “has offered
customers top-rate healthcare logistics solutions for the past nine
years.” The company added that Poltraf “is recognized for its
temperature-sensitive warehousing and transportation solutions that help
healthcare and life sciences companies maximize supply chain
efficiencies, meet regulatory requirements, and deliver products
reliably and securely.”
With this acquisition, UPS will add three facilities with advanced
warehousing management systems and full quality assurance services to
the company’s 11 existing European healthcare facilities, including
dedicated healthcare distribution centers in the Benelux area, Eastern
Europe, Central Europe, Southern Europe, the Iberian Peninsula and the
United Kingdom. In addition, the company will gain 10 field stocking
locations, which help support Poltraf’s fleet of approximately 170
temperature-controlled and GPS-monitored vehicles for the transportation
of pharmaceuticals and medical devices.
The announcement follows UPS’ acquisitions of U.K.-based healthcare
logistics innovator Polar Speed in February 2014; Hungary-based
pharmaceutical logistics company CEMELOG in 2013; and Italy-based Pieffe
in 2011.
Cindy Miller, president of UPS Europe, said the purchase “brings
greater capability to our global healthcare network. Poltraf complements
our mainland Europe expansion plan, and we are now able to provide
healthcare companies access to a single source for logistics solutions
across the continent, helping to achieve greater supply-chain
efficiencies and compliance with relevant guidelines.”
Piotr Krol, chief executive officer of Poltraf, said, “This is a very
positive development for our company, our employees and our customers.
Joining forces with UPS will allow us to continue to provide
high-quality logistics services to our customers and broaden our reach
by leveraging UPS’s global distribution network. We look forward to
creating even greater value for our customers.”
UPS to acquire Poltraf from ORTIE
