logo
logo

DHL forms strategic partnership with Cryopdp to strengthen supply chain capabilities in healthcare sector

Apr 07, 20253 months ago

Contract Type

partnership

Description

DHL has announced the acquisition of healthcare logistics provider Cryopdp from Cryoport for a deal valued at $195 million, with plans to integrate Cryopdp into DHL’s Supply Chain division. This move is aimed at further building out DHL Supply Chain's network to meet the needs of healthcare clients, with expectations of cost savings and improved service levels. Additionally, DHL and Cryoport have formed a strategic partnership to enhance their supply chain capabilities in the life science and healthcare sectors.

Company Information

Company

DHL

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months