UPS Acquires MNX in Bid to Bolster Healthcare Business
28 Septembre 2023 - 3:54PM
Dow Jones News
By Dean Seal
United Parcel Service has agreed to acquire MNX Global Logistics
to capitalize on growing demand from the healthcare industry.
The package-delivery giant said Thursday morning that MNX, a
provider of time-critical logistics, will help it better serve
customers in healthcare and related industries that rely on
"time-sensitive, often life-impacting logistics solutions."
MNX's capabilities will benefit UPS's healthcare business as
well as its clinical-trial logistics business Marken, the company
said.
UPS didn't disclose the financial terms of the deal, which is
expected to close by the end of the year.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 28, 2023 09:39 ET (13:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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