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- 🧊 UPS acquires Andlauer Healthcare Group for $1.6 billion
🧊 UPS acquires Andlauer Healthcare Group for $1.6 billion
Welcome back to CubeCold News where we cover the latest developments in the cold chain industry and temperature-controlled logistics.
In today’s edition:
UPS acquires Andlauer Healthcare Group for $1.6 billion to expand healthcare logistics
Brookfield acquires Hong Kong site for cold storage venture with Uni-China
DHL opens New Zealand's most advanced healthcare logistics facility in Auckland
Peli BioThermal opens expanded Allentown service centre for cold chain logistics
Delta expands Salt Lake City presence with state-of-the-art cargo facility
News
UPS acquires Andlauer Healthcare Group for $1.6 billion to expand healthcare logistics UPS has completed the acquisition of Andlauer Healthcare Group (AHG), a leading North American healthcare supply chain management company based in Canada, for CAD $2.2 billion (USD $1.6 billion).
Under the deal, AHG shareholders received CAD $55.00 per share in cash.
The strategic move will provide UPS Healthcare customers with reduced transit times, improved end-to-end visibility, expanded global reach, and enhanced quality assurance for temperature-sensitive treatments.
Michael Andlauer, founder and CEO of AHG, will continue to lead UPS Canada Healthcare and AHG, bringing his expertise to expand specialized capabilities and meet healthcare customer needs.
The acquisition strengthens UPS's position as a global leader in complex healthcare logistics, particularly in specialized cold chain and pharmaceutical capabilities. (UPS)
Brookfield acquires Hong Kong site for cold storage venture with Uni-China Brookfield, a global investment firm with over $1 trillion in assets under management, has formed a cold storage joint venture with Māori Capital, the investment arm of Uni-China Group, Hong Kong's largest fresh food retailer.
The partnership acquired a 246,000 sq ft industrial site in Tsing Yi from Swire Properties, strategically located within Hong Kong's established logistics cluster near Kwai Tsing Container Terminals and Hong Kong International Airport.
The Tsing Yi property serves as the seed asset for the joint venture, which plans to expand across Asia.
The site will be purpose-built to modern cold storage specifications for food-grade logistics and pharmaceutical clients, featuring energy-efficient refrigeration and advanced storage management solutions.
Uni-China's logistics business has committed to full occupancy upon completion in 2026. (PR Newswire)
DHL opens New Zealand's most advanced healthcare logistics facility in Auckland DHL Supply Chain has opened a NZ$90 million (€40 million) life sciences and healthcare logistics facility in Auckland, marking New Zealand's most advanced site of its kind.
The 14,100 sq m facility increases DHL's health logistics capacity in the country by 20% and features 41 Geek+ robots, representing the largest automation deployment by a New Zealand third-party logistics provider.
The facility serves pharmaceutical, biotechnology, medical device, and consumer health sectors, enabling direct-to-patient and direct-to-pharmacy distribution models.
It offers 12,000 temperature-controlled pallet storage spaces with environments ranging from 2°C to 8°C and down to -30°C, plus humidity-controlled and dangerous goods storage.
This investment is part of DHL Group's €500 million strategic plan to enhance Asia Pacific life sciences and health logistics by 2030, complementing recent facility openings in Singapore, Malaysia, India, and South Korea. (DHL)
Peli BioThermal opens expanded Allentown service centre for cold chain logistics Peli BioThermal, a global leader in temperature-controlled packaging solutions, has opened an expanded service centre in Allentown, Pennsylvania, to meet growing pharmaceutical cold chain demands.
The expansion significantly boosts operational capacity and service capabilities as part of the company's Global Services Network.
Sam Herbert, CEO of Peli BioThermal, emphasized that the new facility represents the company's continued growth, commitment to innovation, and focus on supporting customers with life-saving therapies.
The upgraded centre will enable enhanced flexibility, reliability, and protection for temperature-sensitive pharmaceutical products.
A formal ribbon-cutting ceremony is scheduled for November 11, 2025, marking this milestone in the company's regional investment strategy. (PR Newswire)
Delta expands Salt Lake City presence with state-of-the-art cargo facility Delta Air Lines will invest up to $18 million to develop a new 48,000 sq ft cargo hub at Salt Lake City International Airport, its key Mountain West hub.
The facility, scheduled to open in 2027, will renovate and modernize a former United States Postal Service building, replacing Delta's current air cargo operations at SLC.
Cold-chain capabilities will support temperature-sensitive goods including pharmaceuticals and perishables.
Delta currently operates as SLC's largest global premium carrier with 270 peak-day flights to over 100 destinations worldwide, including Amsterdam, London, and Paris.
This investment follows Delta's recent expansion in Utah, which includes new direct routes to Lima and Seoul, additional gates, and a state-of-the-art pilot training facility opened last year near the airport. (Delta)
Q3 2025 Earnings
In Q3 2025, both Lineage Logistics and Americold faced operational headwinds but emphasized ongoing tech investments and cost controls, with Lineage citing industry normalization and Americold pointing to resilience in rent and storage segment performance.
Lineage Logistics Q3 2025
Revenue: $1.37 billion, up 3% year-over-year
Adjusted EBITDA: $341 million, up 2% year-over-year
Net loss: $112 million, or $0.44 per share
Full-year guidance lowered to range of $1.29–$1.305 billion for EBITDA
Positive outlook on technology deployment and warehouse productivity, but challenged by market conditions (Lineage)
Americold Q3 2025
Revenue: $663.7 million, down 1.6% from prior year
Net loss: $11.4 million, or $0.04 per share
Core EBITDA: $148.3 million, down 5.7% year-over-year
AFFO per share: $0.35, a beat versus consensus
Lower volumes, higher labour and service costs impacted margins
2025 full-year outlook reaffirmed (Americold)
Other headlines
UNEP OzonAction and IIR convened experts at MOP37 in Nairobi to discuss sustainable cold chain technologies for hot climates, addressing critical challenges in food preservation and climate action.
Holdsworth Foods deployed three trucks with Ecooltec's electric refrigeration units using natural refrigerants, becoming the UK's first operator of a 26-ton vehicle with this technology.
CoolKit celebrated its 20th anniversary by winning its fifth 'Refrigerated Panel Van of the Year' award and unveiling the world's first Kia PV5 temperature-controlled conversion ahead of the vehicle's 2026 UK launch.
South African green tech company maxwell+spark raised $15 million Series B funding led by Klima and Alantra to scale lithium-ion battery systems that replace diesel engines in forklifts and refrigerated transport.
Interstate Personnel Services acquired employee-owned J&R Schugel, creating a 2,000-truck, 6,000-trailer fleet and adding refrigerated transport capacity to IPS's network.
AJEX Logistics Services opened Saudi Arabia's first GMP-GxP certified logistics depot in Riyadh, featuring multiple temperature-controlled zones for pharmaceutical storage and distribution aligned with Vision 2030 objectives.
That’s it for this week!
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