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

Cryoport buys Australian logistics provider

Nashville, Tennessee, US: Cryoport has acquired Critical Transport Solutions Australia for US$5million.It will continue to be run by the current management team but as part …

READ THE FULL STORY >

IWX Motor Freight uses Orbcomm to monitor trailers

Springfield, Missouri, US: IWX Motor Freight is using Orbcomm systems to track, monitor and control its refrigerated trailers. IWX, which hauls produce and pharmaceuticals from …

READ THE FULL STORY >

Transfesa Logistics and Euro Pool System collaborate on CoolRail

Valencia, Spain: Transfesa Logistics and Euro Pool System have begun collaborating on CoolRail routes, transporting fresh produce, in a bid to extend the services throughout …

READ THE FULL STORY >

Got milk? an entrepreneurial story

Chapel Hill, North Carolina, USA: Coronavirus has not been all bad news: Maple View Mobile milk delivery business experienced 500% growth during Covid-19. The North …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

The April issue of Cold Chain News (digital) is out now to subscribers. This issue features Cold Chain Federation's Shane Brennan answering readers' questions. To subscribe: bit.ly/3sricUE

© 2021 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