Cold Chain Technologies, LLC, a prominent provider of thermal packaging solutions for the secure transportation of temperature-sensitive products within the life sciences industry, has officially confirmed the acquisition of Exeltainer, a global supplier of thermal packaging solutions for life sciences. Exeltainer, which operates manufacturing centers in Spain and Brazil, has earned a strong presence in the market, particularly with blue-chip pharmaceutical customers across Europe and Latin America. The specific financial terms of the transaction have not been disclosed.

This strategic acquisition significantly broadens CCT's global presence and enhances its array of highly engineered products, aimed at addressing the most complex challenges faced by customers. Founded in 2004, Exeltainer has leveraged its technical proficiency and strategic manufacturing locations to become the preferred supplier for pharmaceutical clients with stringent compliance requirements in Europe and Latin America.

Ranjeet Banerjee, CEO of CCT, lauded Exeltainer's impressive portfolio of solutions designed to meet the exacting compliance standards of global pharmaceutical clients. He expressed enthusiasm for the partnership with Héctor Navarro and the entire Exeltainer team, with a focus on delivering greater value to customers worldwide. This union further solidifies CCT's position as a leader in sustainable shipping solutions, characterized by unmatched thermal engineering expertise and widespread global manufacturing capabilities.

Héctor Navarro, Founder and CEO of Exeltainer, conveyed excitement about the partnership's potential to accelerate growth into new regions and foster the development of innovative products. He sees CCT as an ideal partner for Exeltainer's future growth, recognizing CCT as a leader in the thermal packaging industry. He eagerly anticipates collaborating with Ranjeet and his team to better serve their customers, employees, and the broader life sciences community.

Notably, this marks CCT's third add-on acquisition since its partnership with Aurora Capital Partners in 2019. During this period, CCT has significantly expanded its range of sustainable packaging solutions, entered new life sciences verticals, launched a new digital platform, and substantially enhanced its global manufacturing and distribution capabilities.

 

Source:prnewswire.com

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