UPS to acquire Italian pharmaceutical logistics company Pieffe

UPS has announced an agreement to purchase Italy-based Pieffe Group (Pieffe Depositi; Pieffe Nord). This acquisition supports UPS’s on-going global healthcare strategy, which has seen the company make investments to better serve its growing customer base in the pharmaceutical, biotech and medical device industries.

The announcement follows the opening of five new dedicated facilities this year in North and South America, Europe and Asia.Pieffe, one of Italy’s largest pharmaceutical logistics companies, is a family-owned business with more than 35 years‘ experience offering storage, distribution and cold chain solutions."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."In addition to the expertise and experience that comes with Pieffe, this acquisition also brings two major healthcare distribution facilities to UPS’s existing global network, one in Milan and the other in Rome. They offer a combined space of nearly 70,000 sq m including 12 cold storage areas, with options for further expansion. This adds to UPS’s global healthcare distribution footprint of more than 370,000 sq m.

Quelle: eyefortransport
Portal: www.logistik-express.com

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