Associated Couriers Acquires UK-Based Vision Logistical Solutions Ltd.
Associated Couriers Inc., a leading US supplier for radiopharmaceutical and healthcare logistics, acquires Vision Logistical Solutions Ltd., an outstanding UK supplier for healthcare shipments, thus expanding its regional footprint as well as its area of expertise.
Vision Logistical Solutions Ltd., a unique provider of 3rd party logistics services focused on the delivery of healthcare products to patients at home or in care, was founded in 1992 and is headquartered in Portsmouth England, UK. Vision operates nine logistic depots across the UK, providing over 290,000 square feet of storage capacity, to live up to its full-service portfolio ranging from storage to fulfillment and transport. Being the preferred logistical partner to the product leader in the UK incontinence market for more than a decade, Vision can be regarded as the UK leader in incontinence logistics. Vision is exclusively operating in the UK, engages a headcount of more than 120 employees and generates a turnover of more than 8 million GBP per year.
We are extremely happy to join Associated Couriers and LIFE LOGISTICS GLOBAL, giving us the power to drive the ongoing growth of our business and helping us in the further development of the company and its range of services. We are sure to benefit from the global life science competencies within LLG, as a base for our local portfolio extension, but also happily contribute our healthcare-knowledge to see it flourish in other European or the American markets.
Graeme Wilson, Managing Director of Vision
With the acquisition of Vision, we are adding another great market leader in a very promising healthcare logistics segment to our existing leadership portfolio, and we are adding the UK market as the 6th European country to the LLG footprint. And beyond: Over the past 12 months, we have seen an increasing global cross-fertilization of sectoral knowledge and competencies within the LLG universe, and now Vision will also contribute to boost that development. We are very happy to have them in the family.
Matt Silverberg, CEO of Associated Couriers Inc.
About Vision Logistical Solutions Ltd.
Vision, founded in 1992 and headquartered in Portsmouth, England, UK, is a unique provider of 3rd party logistics services focused on the delivery of healthcare products to patients at home or in care. Backed on state-of-the-art IT-systems, Vision offers a comprehensive logistical service portfolio, ranging from product storage including stock control, to fulfillment services (pick, pack, and dispatch) and dedicated transports and shipment. Vision operates nine depots across the UK and is the national market leader in incontinence logistics. www.visionlogistics.uk
About LIFE LOGISTICS GLOBAL
LLG (Kelsterbach, Germany) is an international group of specialized logistics service operators, predominantly focused on Life Science and Health Care logistics (i.e. radiopharmaceuticals, stem cells, samples and laboratory specimen etc.). The group operates locations in Germany, Czech Republic, Italy, Romania, Sweden, United Kingdom and the United States. www.lifelogisticsglobal.com
About Associated Couriers
Associated Couriers Inc., founded in 1977 in St. Louis (MO), is a courier and delivery service provider specialized in the radiopharmaceutical, life science, and e-commerce sector, covering 42 US states with 16 logistic hubs. www.associated-couriers.com and is the national market leader in incontinence logistics. www.visionlogistics.uk