UPS has announced plans to acquire Bomi Group, a multi-national healthcare logistics provider. The acquisition adds temperature-controlled facilities in 14 countries in Latin America and Europe.
“As a leading global healthcare logistics company, Bomi enhances our portfolio of services and accelerates our journey to become the number one provider of complex healthcare logistics,” said Kate Gutmann, executive vice president and president of UPS International, Healthcare and Supply Chain Solutions. “UPS Healthcare and Bomi Group employees share similar values, and our cultures are firmly rooted in a relentless focus on quality; the combination of our two teams will significantly improve our healthcare customers’ ability to continue to develop and deliver life-saving innovations.”
Founded in 1985, Bomi Group services the medtech and pharmaceutical sectors with a range of logistical services. Bomi Group CEO Marco Ruini and other key staff will continue in their roles after the transaction wraps.
“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,” Ruini said. “Joining the UPS team will expand those capabilities and create an even more integrated and smart global network for our customers.”
The acquisition will add more than 350 temperature-controlled vehicles and 4m square feet to UPS Healthcare’s global footprint. According to the companies, customers will benefit from faster shipping times, a higher degree of production flexibility, and a wider array of service offerings.
“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.”
The Bomi Group acquisition reportedly is in line with UPS Healthcare’s ongoing plan to expand its network and service. Other recent expansions include newly constructed and soon-to-be-opened dedicated state-of-the-art healthcare logistics facilities in Germany and Australia, and expanded campuses in Hungary and the Netherlands.