M&A Deal Summary

Cold Chain Technologies Acquires Tower Cold Chain

On October 23, 2024, Cold Chain Technologies acquired packaging company Tower Cold Chain

Acquisition Highlights
  • This is Cold Chain Technologies’ 2nd transaction in the Packaging sector.
  • This is Cold Chain Technologies’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2024-10-23
Target Tower Cold Chain
Sector Packaging
Buyer(s) Cold Chain Technologies
Deal Type Add-on Acquisition

Target

Tower Cold Chain

Berkshire, United Kingdom
Tower Cold Chain designs, manufactures, and operates a fleet of advanced passive reusable temperature-controlled containers used to transport high-value life sciences products. Tower Cold Chain was founded in 1999 and is based in Berkshire, United Kingdom.

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Buyer(S) 1

Buyer

Cold Chain Technologies

Franklin, Massachusetts, United States
Category Company
Founded 1967
Sector Packaging
DESCRIPTION

Cold Chain Technologies is a global provider of single-use and reusable passive thermal packaging solutions that ensure reliable shipment of temperature-sensitive materials, principally serving the life sciences supply chain. Cold Chain Technologies was founded in 1967 and is based in Franklin, Massachusetts.

DEAL STATS #
Overall 2 of 2
Sector (Packaging) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-21 PTG

Fall River, Massachusetts, United States

PTG is a provider of sustainable, curbside-recyclable thermal packaging solutions for the life sciences industry. The Company designs, engineers, and manufactures sustainable, thermal shipping, and packaging solutions for the biopharmaceutical and life sciences sector. PTG was established in 2005 and is headquartered in Fall River, Massachusetts.

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