UPS To Expand Healthcare Logistics Services with New Acquisition
UPS is expanding its operations into healthcare logistics with the planned acquisition of Bomi Group, a multinational healthcare logistics provider. In a statement, UPS announced that the transaction will add temperature-controlled facilities in 14 countries, more than 350 temperature-controlled vehicles and four million square feet (391k m2) to the UPS Healthcare global footprint as well as nearly 3,000 skilled Bomi Group team members to the UPS Healthcare network in Europe and Latin America.
“We are focused on building healthcare logistics capabilities and services that allow our customers to deliver the newest healthcare innovations,” said UPS Healthcare President Wes Wheeler. “We are excited to combine Bomi’s talent, expertise and capabilities with UPS Healthcare—together, we will provide unmatched solutions to our customers, powered by UPS’s integrated, global smart logistics network.”
Since 1985, Bomi Group, a company devoted to health care, has built business relationships with more than 150 multinational medtech and pharma customers worldwide.
Key Bomi Group leaders, including CEO Marco Ruini, will continue in their roles after the transaction closes. “With over 35 years in the healthcare logistics industry, our team has developed best-in-class services designed to meet and exceed the needs of our medical technology and pharmaceutical customers,” said Ruini. “Joining the UPS team will expand those capabilities and create an even more integrated and powerful global network for our customers.”
The transaction is expected to close by the end of the year, subject to customary regulatory review and approval.
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