Andlauer Healthcare Obtains Shareholder Approval for Sale to UPS

Andlauer Healthcare Group Inc., a Canadian supply chain management company, has obtained shareholder approval for its sale to UPS. The company offers customized third-party logistics and specialized transportation solutions for the healthcare sector, including 3PL services, air freight forwarding, and last-mile delivery. The sale to UPS will provide a one-stop shop for clients' healthcare transportation needs.

UPS has announced the acquisition of Andlauer Healthcare Group Inc. (AHG), a leading provider of logistics and specialized cold chain transportation solutions for the healthcare sector. The acquisition, valued at approximately C$2.2bn (US$1.6bn), is set to bolster UPS's precision logistics capabilities in the pharmaceutical and life sciences sectors [2].

Andlauer Healthcare Group, headquartered in Canada, offers customized third-party logistics (3PL) services, air freight forwarding, and last-mile delivery solutions tailored to the healthcare industry. The acquisition will provide UPS with a one-stop shop for clients' healthcare transportation needs, enhancing its ability to deliver reliable and innovative solutions.

The deal underscores UPS's commitment to expanding its healthcare logistics services globally. In April, UPS opened a state-of-the-art 11,500m2 facility in Tuas, Singapore, doubling its regional footprint in Asia-Pacific. The new facility includes advanced automation and cold chain capabilities, designed to handle sensitive healthcare products with care and reliability [1].

The acquisition of Andlauer Healthcare Group is part of UPS's broader strategy to strengthen its position in the healthcare logistics sector. The company has been actively investing in this area, with recent acquisitions including Borusan Tedarik in Turkey and CryoPDP in the United States [2].

The integration of Andlauer Healthcare Group into UPS's operations is expected to enhance UPS's precision logistics capabilities and improve service offerings for healthcare providers and patients. The acquisition is subject to regulatory approval and is expected to close in the near future.

References:
[1] https://www.parcelandpostaltechnologyinternational.com/news/logistics/ups-healthcare-expands-asia-pacific-services-with-singapore-logistics-facility.html
[2] https://www.freightwaves.com/news/category/news/trucking/logistics