ATLANTA's ups (United Parcel Service) has continued its expansion in the healthcare logistics sector through the acquisition of Toronto's Andlauer Healthcare Group (AHG), reports London's Air Cargo News.
Under the terms of the agreement, AHG shareholders will receive C$55 (US$39) per share in cash, representing a total purchase price of approximately C$2.2 billion.
The company offers logistics, distribution and packaging solutions for healthcare manufacturers as well as air freight forwarding, ground transportation, dedicated delivery and last-mile services.
president of international, healthcare and supply chain solutions for UPS, said: 'Next generation treatments are driving more complexity than ever, expanding the needs of healthcare customers and increasing demand for the integrated, end-to-end cold chain solutions UPS Healthcare provides around the world.'
SeaNews Turkey
Under the terms of the agreement, AHG shareholders will receive C$55 (US$39) per share in cash, representing a total purchase price of approximately C$2.2 billion.
The company offers logistics, distribution and packaging solutions for healthcare manufacturers as well as air freight forwarding, ground transportation, dedicated delivery and last-mile services.
president of international, healthcare and supply chain solutions for UPS, said: 'Next generation treatments are driving more complexity than ever, expanding the needs of healthcare customers and increasing demand for the integrated, end-to-end cold chain solutions UPS Healthcare provides around the world.'
SeaNews Turkey
