The transaction expands the UPS Healthcare network in Latin America and Europe by adding temperature-controlled facilities in 14 nations and over 3,000 Bomi team members, claims the press statement.
According to Kate Gutmann, EVP and President of UPS International, Healthcare and Supply Chain Solutions, “Bomi enriches our range of services and accelerates our mission to become the number one supplier of complex healthcare logistics.” The collaboration of our two teams will greatly enhance the capacity of our healthcare clients to produce and deploy life-saving technologies.
Greater than 350 temperature-controlled trucks and four million square feet of additional facility space were added by UPS as a result of the acquisition, which was made in an effort to provide clients quicker shipping times, more production flexibility, and products to help them win new business.
According to UPS, the acquisition is a part of its continuous UPS Healthcare network and service growth to satisfy rising demand. New healthcare logistics facilities have been added in Germany and Australia, as well as the company’s campuses in the Netherlands and Hungary.
In an effort to provide merchants with “out-of-the-box” same-day delivery options, UPS acquired Texas-based Software-as-a-Service (SaaS) business Delivery Solutions in May.
The Delivery Solutions platform allows curbside and in-store pickup in addition to helping businesses ship from their stores and distribution sites.
Additionally, Jumia Technologies AG, an online marketplace with a focus on Africa, said in April that UPS will be leveraging its distribution network to grow throughout the continent.
According to Renzo Bravo, UPS’s head of strategy for the Indian subcontinent, Middle East, and Africa, by 2025, internet trade in Africa might total over $180 billion. That will promote development and trade not just inside Africa but also between Africa and the rest of the globe.
