SANDY SPRINGS (dpa-AFX) - UPS (UPS) Wednesday, has announced the completion of its acquisition of Germany-based Frigo-Trans and its sister company BPL, further solidifying its position in healthcare logistics across Europe.
This strategic move enhances the company's capabilities to meet the increasing demand for temperature-controlled and time-critical logistics solutions on a global scale.
Both the companies are expected to add significant value to UPS Healthcare's end-to-end logistics offerings, enabling the company to provide seamless, reliable, and specialized services to its customers.
UPS is currently trading at $126.10, up 0.90 percent or $1.12 on The New York Stock Exchange.
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