US-based CSafe Global has completed the acquisition of cold chain packaging solutions provider Kalibox, for an undisclosed sum.
Kalibox has two manufacturing plants in France and serves the European pharmaceutical and healthcare markets.
The deal has added more than 5,000m² of manufacturing space to CSafe’s existing space of over 20,000m² at six North American facilities.
CSafe Global president and CEO Brian Kohr said: “CSafe currently has the industry’s broadest line of cold chain solutions.
“This investment to expand our product offering to include an alternate but needed design of passive packaging along with a line of passive pallet shippers and gel bricks allows CSafe to continue to help our customers create the most efficient, effective, reliable and secure temperature controlled supply chain.
“We will continue to provide cold chain solutions and adapt them to meet our customer’s needs and not sell ‘one-size fits everyone’ products."
Established in 2001, Kalibox produces various temperature-controlled packaging, such as insulated shippers, patented design insulated pallet shippers and refrigerants.
The company also provides solutions for the safe transportation of life-saving medicines.
Furthermore, Kalibox has developed and qualified passive solutions from its accredited testing laboratory.
Kalibox CEO Antoine Soulas said: “The merger with CSafe is a strategic move for Kalibox and its customers.
“It will allow us to accelerate our development, accompany our customers globally, and create value for them in significantly extending our product offering in Europe.
“Kalibox shares with CSafe the same dedication to high-quality products and services to protect our customers’ valuable payload.”
Last month, CSafe Global launched its San Juan service centre and new company CSafe Puerto Rico.