UPS to acquire Hungarian healthcare logistics company Cemelog

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By Alex Lennane

26/04/2013

ATLANTA, USA, and BUDAPEST, Hungary, April 26, 2013, UPS — (NYSE: UPS) today announced it will purchase Hungary- based pharmaceutical logistics company, CEMELOG Zrt, as part of its ongoing global growth and investment strategy. The acquisition further strengthens UPS’s healthcare reach and expertise in Europe, enabling comprehensive, compliant services to customers in the pharmaceutical, biotech and medical device industries across the increasingly important markets of Central and Eastern Europe.

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