UPS’ Marken consolidates European presence by acquiring three companies - Freightwaves
Marken, a wholly-owned subsidiary of UPS, announced on July 15 that it had acquired three European companies headquartered in Austria, Hungary and Italy to expand its geographic footprint of delivering clinical trial shipments every month. UPS bought Marken in late 2016 to expand its strategic interests within the healthcare logistics sector. Marken is UPS’ bid to create a dedicated patient-centric supply chain network that is tailor-made to cater to the pharmaceutical and life sciences segments.
Marken has acquired HETO (headquartered in Austria), Der Kurier (headquartered in Hungary) and HRTL (headquartered in Italy). With this consolidation, Marken will now have offices in Vienna, Milan, Rome and Gyor (near Budapest) and will deliver 7,000 clinical trial shipments every month. In total, Marken’s network spans 51 sites across the world, which includes 10 clinical storage depots.
Marken, a wholly-owned subsidiary of UPS, announced on July 15 that it had acquired three European companies headquartered in Austria, Hungary and Italy to expand its geographic footprint of delivering clinical trial shipments every month. UPS bought Marken in late 2016 to expand its strategic interests within the healthcare logistics sector. Marken is UPS’ bid to create a dedicated patient-centric supply chain network that is tailor-made to cater to the pharmaceutical and life sciences segments.
Marken has acquired HETO (headquartered in Austria), Der Kurier (headquartered in Hungary) and HRTL (headquartered in Italy). With this consolidation, Marken will now have offices in Vienna, Milan, Rome and Gyor (near Budapest) and will deliver 7,000 clinical trial shipments every month. In total, Marken’s network spans 51 sites across the world, which includes 10 clinical storage depots.
