UPS announced today that it has entered into a definitive agreement to buy Andlauer Healthcare, a North American supply chain management company based in Canada that offers customized third-party logistics and specialized cold chain transportation solutions for the healthcare sector.
After the deal is closed, UPS Healthcare will benefit from AHG’s temperature-controlled facilities and specialized cold chain transportation capabilities.
The closing of the transaction is targeted for the second half of 2025, subject to AHG’s shareholder approval, customary regulatory reviews and approvals, and other customary closing conditions.
Michael Andlauer and Andlauer Management Group, the controlling shareholder of AHG, have agreed to vote their AHG shares in favor of the transaction.
Deal terms: AHG shareholders will receive CAD $55 per share in cash, representing a total purchase price of approximately CAD $2.2 billion (USD $1.6 billion). This deal will extend the portfolio of end-to-end cold chain capabilities available to UPS Healthcare customers, who seek temperature-controlled and precision logistics solutions.
Following the close of the deal, Michael Andlauer will lead UPS Canada Healthcare and AHG to expand the businesses’ specialized capabilities and meet the needs of healthcare customers.
KEY QUOTES:
“Next-generation treatments are driving more complexity than ever, expanding the needs of healthcare customers and increasing demand for the integrated, end-to-end cold chain solutions UPS Healthcare provides around the world. Andlauer Healthcare Group will help us deliver expanded capability to our customers, driving best in class patient outcomes while contributing to our overall growth plans across the business. This acquisition marks another important step in our declaration to be the number one complex healthcare logistics and premium international logistics provider in the world.”
Kate Gutmann, EVP and president of International, Healthcare and Supply Chain Solutions for UPS
“UPS Healthcare and AHG employees share a similar customer and patient-centric culture with a relentless focus on quality. Once the transaction is completed, the businesses will offer an even broader set of specialized logistics services to customers throughout Canada.”
Michael Andlauer, founder and CEO of AHG
