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UPS to speed up pharma, AOG handling with MNX acquisition
来源：shippingazette 编辑：编辑部 发布：2023/10/12 17:03:38
UPS has entered into an agreement with private equity firm Quad-C Management to acquire MNX Global Logistics (MNX), a time-critical logistics provider with clients in the aerospace, healthcare and pharma industries.
UPS will look to leverage MNX's specialist capabilities in airport on ground (AOG) delivery services and temperature-controlled logistics for its healthcare unit and clinical trial logistics subsidiary Marken, according to Singapore's Payload Asia.
The company will also offer industry-leading time-critical, temperature-sensitive logistics services together with UPS Express Critical. The transaction is expected to close by year-end, subject to customary regulatory review and approval.
UPS has not declared the value and terms of the transaction at the time of writing.
UPS will look to leverage MNX's specialist capabilities in airport on ground (AOG) delivery services and temperature-controlled logistics for its healthcare unit and clinical trial logistics subsidiary Marken, according to Singapore's Payload Asia.
The company will also offer industry-leading time-critical, temperature-sensitive logistics services together with UPS Express Critical. The transaction is expected to close by year-end, subject to customary regulatory review and approval.
UPS has not declared the value and terms of the transaction at the time of writing.