UPS to buy Italian pharma logistics group

Milan, Italy: UPS is to buy Italian pharmaceutical logistics company Pieffe Group for an undisclosed sum.

Pieffe is a family-owned business with some 35 years in the business offering storage, distribution and cold chain solutions to some of the world’s leading pharmaceutical brands. It has sites in Milan and the other in Rome with a combined space of nearly 70,000 square metres including 12 cold storage areas, with options for further expansion.

“Pieffe is a perfect fit for UPS,” said Jim Barber, president, UPS Europe. “The company shares UPS’s focus on high-quality service and compliance, as well as our deep-rooted culture of precision and innovation. Pieffe will make a valuable addition to UPS’s European healthcare network, and we look forward to welcoming their team to the UPS family.”

The purchase will take UPS’s global healthcare distribution capacity to 370,000sq metres. UPS has been expanding in the pharmaceuticals market and has opened five dedicated facilities this year in North and South America, Europe and Asia.

WORLD NEWS

Bailón adds Schmitz Cargobull reefers

Zaragoza, Spain: Bailón group has added four new Schmitz Cargobull refrigerated trailers to its fleet, taking the total to 27. The group is the largest …

READ THE FULL STORY >

Chereau appeals for hydrogen production at distribution sites

Avranches, Normandy, France: Chereau is encouraging companies to set up hydrogen plants at distribution sites to encourage hydrogen refrigeration in trucks. Chereau is testing hydrogen-based …

READ THE FULL STORY >

Lineage Logistics buys Emergent

Novi, Michigan, USA: Lineage Logistics has acquired Emergent Cold in a $900m deal. The deal, first announced in November, marks Lineage’s entry into the Australia, …

READ THE FULL STORY >

Lineage Logistics buys Henningsen Cold Storage

Novi, Michigan, USA: Lineage Logistics has bought Henningsen Cold Storage Company. The deal bolsters Lineage’s presence in the Pacific Northwest adding 14 sites in Oregon, …

READ THE FULL STORY >

WHAT’S ON

  • Cold Chain Live
    Make a diary note for Cold Chain Live, 24 – 25 September, Birmingham, UK

Latest Tweets

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ