UPS to acquire Canadian supply chain management company for $2.2B
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UPS has entered into a definitive agreement to acquire Andlauer Healthcare Group Inc. (AHG), a Canadian supply chain management company specializing in third-party logistics and cold chain transportation for the health care sector.
Under the deal, AHG shareholders will receive $55 per share in cash, representing a total purchase price of approximately $2.2 billion.
“Next-generation treatments are driving more complexity than ever, expanding the needs of health care customers and increasing demand for the integrated, end-to-end cold chain solutions UPS Healthcare provides around the world,” said Kate Gutmann, UPS executive vice-president and president of International, Healthcare and Supply Chain Solutions.
“Andlauer Healthcare Group will help us deliver expanded capability to our customers, driving best in class patient outcomes while contributing to our overall growth plans across the business.”
Michael Andlauer, founder and CEO of AHG, will lead UPS Canada Healthcare and AHG after the deal closes.
“UPS Healthcare and AHG employees share a similar customer and patient-centric culture with a relentless focus on quality,” said Andlauer. “Once the transaction is completed, the businesses will offer an even broader set of specialized logistics services to customers throughout Canada.”
The transaction is expected to close in the second half of 2025, pending shareholder and regulatory approvals.
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