What is New? UPS has acquired Transports Chabas Santé's healthcare logistics unit, expanding its global healthcare network with temperature-controlled transportation solutions for pharmaceutical and healthcare products in Southern France.
Why It Matters: This acquisition strengthens UPS Healthcare's ability to deliver next-generation pharmaceutical and biologic treatments across Europe at the right time and temperature, enhancing their industry-leading capabilities.
UPS has acquired the operations of Transports Chabas Santé's healthcare logistics unit, adding temperature-controlled transportation solutions for pharmaceutical and healthcare products in Southern France to UPS Healthcare's global network.
‘We are building a pan-European cold chain network that can deliver the next-generation pharmaceutical and biologic treatments at the right time and temperature. With our shared focus on quality, the operations of Transports Chabas Santé will enhance our industry-leading capabilities and better connect our customers to our global, tech-enabled network’, said President of UPS Healthcare John Bolla.
Through the acquisition, UPS Healthcare adds 50 team members and over 40 temperature-controlled vehicles and warehousing space. By the end of 2023, the business will have more than doubled the footprint of its dedicated healthcare facilities since 2020.
‘This acquisition accelerates the growth of healthcare networks throughout southern France’, explains Transports Chabas Santé President Hugo Mezard. ‘With the similarities of philosophy between Transports Chabas Santé and UPS Healthcare, and the professionalism and meticulousness of the UPS teams and the company's global capabilities, this combination will create greater value for our customers.’
The parent of Transports Chabas Santé, Transport Chabas, has been a trusted temperature-controlled transportation company operating since 1951.
This acquisition also positions UPS Healthcare to support France’s growing healthcare sector, which is set to generate 130,000 direct and indirect jobs and revenues of $44 billion (€40 billion) by 20301.
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1Source: businessfrance.fr
About UPS Healthcare
UPS Healthcare delivers unparalleled healthcare logistics expertise to its customers around the world. UPS Healthcare has 11+ million square feet of cGMP and GDP-compliant healthcare distribution space globally. Its services include inventory management, cold chain packaging and shipping, storage and fulfilment of medical devices, and lab and clinical trial logistics. UPS Healthcare's global infrastructure, its UPS® Premier visibility service, its track and trace technology, and its global quality system are well-suited to meeting today's complex logistics demands for the pharmaceutical, medical device, and laboratory diagnostic industries.
