trans-o-flex ThermoMed has acquired Rhenus Life Sciences from the Rhenus Group, effective today
Financial details of the transaction have not been disclosed
Both companies specialise in the transport of temperature-sensitive shipments for the healthcare industry
According to trans-o-flex ThermoMed's managing director Wolfgang Weber, ThermoMed has, to date, specialised in temperature controlled shipments the 2°C to -8°C range, while trans-o-flex focused its activities on combi-freight solutions
With the takeover of Rhenus Life Sciences, the company will extend the service for temperature controlled shipments between 15°C and 25°C within the trans-o-flex Logistics Group
Survey results show that 30% of hi-tech and electronics company supply chain executives feel that their contingency planning could be better.
The internet retailing revolution has brought enormous benefits to the global express and logistics sectors.
Aramex has announced its consolidated financial results for the 2011 full year.