DHL announces acquisition of Polar Transport

DHL Supply Chain, Deutsche Post DHL group, announced yesterday (17), acquisition of control of one of its service providers: the Polar Transport brazilian.
The company is specialized in road transport with temperature control, in the health sector. The value of the deal was not disclosed. The transaction is still subject to the approval of the Administrative Council for economic Defense (Cade)
In a statement, DHL said the purchase will support the company''s growth ambitions in the country. "Acquire control of our long-standing service provider Polar Transport is a great opportunity for us to offer an integrated solution for end-to-end to the healthcare industry in Brazil," said Javier Bilbao, CEO of DHL Supply Chain for Latin America.
As the DHL Supply Chain, a survey of its customers showed that the temperature controlled transport has been the priority in the industry for three consecutive years. In addition, the company estimates that the cold chain segment is expected to grow in double digits, considering that the new releases of products in the industry, as biological medicinal products and vaccines, have temperature control requirements. "This investment will allow us to expand our capabilities in the healthcare industry in the Brazilian market," says Maurício Barros, President of DHL Supply Chain, which completes Brazil: "the temperature controlled transport segment is one of the key elements in this sector. We believe that the Polar Transport is the best player to support us in business growth in this important area ".
Polar Transport was founded in 1996 and works as a service provider for DHL for more than 15 years. Currently has 400 employees and a fleet of 300 trucks, with national coverage.