UPS to buy Germany-based healthcare logistics firm Frigo-TransUnder the deal, UPS will also buy Frigo-Trans' sister company BPL. 
Last Updated IST
A UPS delivery person offloads packages from a truck in New York's financial district March 5, 2014.
Credit: Reuters Photo
UPS said on Tuesday it would acquire Germany-based healthcare logistics firm Frigo-Trans for an undisclosed amount to boost its healthcare cold-chain facilities in Europe.
Frigo-Trans network includes temperature-controlled warehousing and freight forwarding capabilities, as well as a pan-European cold chain transportation solution, UPS said.
Under the deal, UPS will also buy Frigo-Trans' sister company BPL. The transaction is expected to close in the first quarter of 2025, the package delivery firm said.