CRYO International, an Air Liquide group subsidiary specializing in temperature-controlled logistics solutions, has just acquired PDP Couriers, a major player in the customized transport of high value- added products for the pharmaceutical and biotechnology industries.
Based in the UK, PDP Couriers has over 120 employees at 14 locations worldwide. The company generated revenues of approximately €21 million in 2015. PDP Couriers has grown significantly in Eastern Europe, Latin America and Asia over the past few years.
Safety, punctuality and reliability are key in the transport sector for temperature-sensitive samples and products in the pharmaceutical industry, particularly in the clinical research area. PDP Couriers is one of the specialists in this sector with an international presence.
This acquisition is a new phase in the strategy initiated in the past few years by CRYO International, whose goal is to be able to offer its customers innovative and customized temperature-controlled logistics solutions anywhere in the world.
Guy Salzgeber, Senior Vice-President, Europe Industries, and a member of the Air Liquide group’s Executive Committee, commented: “Cryo International illustrates the Group’s intention to seize growth opportunities in adjacent markets. The acquisition of PDP Couriers is very much in line with this approach. We are delighted to welcome these new employees to Air Liquide.”
Cédric Picaud, Chief Executive Officer of CRYO International, added: “With this acquisition we are combining our know-how in CARBOGLACE™ and temperature-controlled solutions with a premium logistics service. This expansion in our activities supports the geographical growth of our customers and their need for services with increased added value.”
Source: Air Liquide
We are closing the chapter of the Chemicals Import Export Headquarters, and opening a new chapter under the name of Qemetica – a chemical group driving many industries on all continents. Therefore, the change of name is also accompanied by the adoption of the key goals of the business strategy for the next 6 years. – says Kamil Majczak, President of the Management Board.
In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics and chemicals.
Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects.
