USA/SWITZERLAND: Carrier group company Sensitech is set to acquire the cold chain monitoring systems business of Swiss company Berlinger & Co AG.
Established in 1865, Berlinger is a family-owned company that specialises in innovative and customised solutions for monitoring temperature-sensitive goods in the pharmaceutical and life science, clinical trial and global health segments.
The monitoring solutions business of Berlinger includes approximately 85 employees operating in Switzerland, the Netherlands and the United States.
Berlinger Special AG, the Berlinger Group’s anti-doping product business, will remain in the ownership of the Berlinger family. Both businesses will continue to operate at their present production site in Ganterschwil in the canton of St Gallen.
The transaction, which also includes Berlinger & Co subsidiaries Antaris Solutions BV and Berlinger USA LLC, is subject to customary closing conditions and is expected to close in Q3.
“The acquisition of Berlinger’s monitoring business is an exciting opportunity for Sensitech to expand our portfolio of monitoring solutions for pharma supply chains and accelerate growth in strategically important adjacencies,” said Bhasker Kaushal, vice president & general manager, Sensitech and refrigeration aftermarket.
“Sensitech and Berlinger share a common vision and focus on innovation, and through this combination we will deliver comprehensive and differentiated monitoring solutions that deliver patient safety, supply chain efficiency and sustainability outcomes for our customers.”
Berlinger’s products include the SmartSystem platform, which enables modular, real-time, end-to-end monitoring via fully integrated, rechargeable temperature monitoring devices and a cloud-based software platform; Fridge-tag for vaccine fridges and refrigerated site-monitoring; and proprietary software and analytics to automate the end-to-end stability and validation process for clinical trials.
Sensitech became part of Carrier Global Corporation in 2006. It is one of the leading companies providing monitoring products and services to leading companies in the food, pharmaceutical, industrial, consumer goods, and other industries.