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Sensitech Completes Acquisition of Berlinger & Co. Monitoring Solutions Expanding Life Sciences Cold Chain Solutions

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Carrier Global 's Sensitech business has completed the acquisition of Berlinger & Co. AG's Monitoring Solutions business. This strategic move expands Sensitech's cold chain monitoring portfolio in the pharmaceutical and life sciences industry. Key points:

- Berlinger specializes in monitoring temperature-sensitive goods
- Acquisition adds innovative solutions, including real-time monitoring and analytics
- Expands Sensitech's market reach into stationary monitoring and global health
- Approximately 85 employees from Berlinger join Sensitech
- Berlinger operates in Switzerland, the Netherlands, and the United States

This acquisition aims to create more comprehensive and differentiated cold chain monitoring solutions, enhancing Sensitech's capabilities in supply chain visibility.

Il business Sensitech di Carrier Global ha completato l'acquisizione del business di Monitoring Solutions di Berlinger & Co. AG. Questa mossa strategica espande il portafoglio di monitoraggio della catena del freddo di Sensitech nell'industria farmaceutica e delle scienze della vita. Punti chiave:

- Berlinger si specializza nel monitoraggio di beni sensibili alla temperatura
- L'acquisizione aggiunge soluzioni innovative, tra cui monitoraggio e analisi in tempo reale
- Espande la portata di mercato di Sensitech nel monitoraggio stazionario e nella salute globale
- Circa 85 dipendenti di Berlinger si uniscono a Sensitech
- Berlinger opera in Svizzera, nei Paesi Bassi e negli Stati Uniti

Questa acquisizione mira a creare soluzioni di monitoraggio della catena del freddo più complete e differenziate, migliorando le capacità di visibilità della catena di approvvigionamento di Sensitech.

El negocio Sensitech de Carrier Global ha completado la adquisición del negocio de Soluciones de Monitoreo de Berlinger & Co. AG. Este movimiento estratégico amplía el portafolio de monitoreo de la cadena de frío de Sensitech en la industria farmacéutica y de ciencias de la vida. Puntos clave:

- Berlinger se especializa en el monitoreo de bienes sensibles a la temperatura
- La adquisición añade soluciones innovadoras, incluyendo monitoreo analítico en tiempo real
- Amplía el alcance de mercado de Sensitech en monitoreo estacionario y salud global
- Aproximadamente 85 empleados de Berlinger se unen a Sensitech
- Berlinger opera en Suiza, los Países Bajos y los Estados Unidos

Esta adquisición tiene como objetivo crear soluciones de monitoreo de la cadena de frío más completas y diferenciadas, mejorando las capacidades de visibilidad de la cadena de suministro de Sensitech.

캐리어 글로벌의 센시텍 사업부가 버링거 & Co. AG의 모니터링 솔루션 사업부를 인수 완료하였습니다. 이번 전략적 결정은 제약 및 생명 과학 산업에서 센시텍의 콜드 체인 모니터링 포트폴리오를 확장합니다. 주요 사항:

- 버링거는 온도에 민감한 상품 모니터링 전문 회사입니다.
- 인수로 인해 실시간 모니터링과 분석을 포함한 혁신적인 솔루션이 추가됩니다.
- 고정 모니터링 및 글로벌 건강 시장에서의 센시텍의 시장 범위가 확대됩니다.
- 약 85명의 버링거 직원이 센시텍에 합류합니다.
- 버링거는 스위스, 네덜란드, 미국에서 운영됩니다.

이 인수는 보다 포괄적이고 차별화된 콜드 체인 모니터링 솔루션을 제공하여 센시텍의 공급망 가시성을 향상시키려는 목표를 가지고 있습니다.

L'entreprise Sensitech de Carrier Global a achevé l'acquisition de l'activité Solutions de Surveillance de Berlinger & Co. AG. Ce mouvement stratégique élargit le portefeuille de surveillance de la chaîne du froid de Sensitech dans l'industrie pharmaceutique et des sciences de la vie. Points clés :

- Berlinger est spécialisée dans la surveillance des biens sensibles à la température
- L'acquisition ajoute des solutions innovantes, y compris le suivi en temps réel et l'analyse
- Élargit la portée de Sensitech sur le marché du suivi stationnaire et de la santé mondiale
- Environ 85 employés de Berlinger rejoignent Sensitech
- Berlinger opère en Suisse, aux pays-Bas et aux États-Unis

Cette acquisition vise à créer des solutions de surveillance de la chaîne du froid plus complètes et différenciées, améliorant les capacités de visibilité de la chaîne d'approvisionnement de Sensitech.

Carrier Globals Sensitech-Geschäft hat die Übernahme des Monitoring Solutions-Geschäfts von Berlinger & Co. AG abgeschlossen. Dieser strategische Schritt erweitert das Portfolio zur Überwachung der Kühlkette von Sensitech in der Pharma- und Lebenswissenschaftsbranche. Schlüsselpunkte:

- Berlinger ist auf die Überwachung temperaturempfindlicher Waren spezialisiert
- Die Übernahme fügt innovative Lösungen hinzu, darunter Echtzeitüberwachung und Analysen
- Erweiterung der Marktpräsenz von Sensitech im stationären Monitoring und in der globalen Gesundheit
- Etwa 85 Mitarbeiter von Berlinger schließen sich Sensitech an
- Berlinger ist in der Schweiz, den Niederlanden und den Vereinigten Staaten tätig

Diese Übernahme zielt darauf ab, umfassendere und differenzierte Lösungen zur Überwachung der Kühlkette zu schaffen und die Fähigkeiten von Sensitech zur Sichtbarkeit in der Lieferkette zu verbessern.

Positive
  • Expansion of Sensitech's cold chain monitoring portfolio with innovative solutions
  • Addition of real-time monitoring, value-added software, and analytics capabilities
  • Broadening of addressable market into stationary monitoring and global health segments
  • Acquisition of approximately 85 employees, potentially enhancing expertise and capacity
  • Increased presence in key markets (Switzerland, the Netherlands, and the United States)
Negative
  • None.

Insights

The acquisition of Berlinger & Co.'s Monitoring Solutions business by Sensitech, a subsidiary of Carrier Global (NYSE: CARR), is a strategic move that could significantly impact Carrier's market position in the cold chain monitoring sector. This deal expands Sensitech's portfolio and market reach, particularly in the pharmaceutical and life sciences industries.

Key financial implications to consider:

  • While the acquisition price wasn't disclosed, the addition of approximately 85 employees suggests a moderate-sized transaction that could potentially be accretive to Carrier's earnings in the medium term.
  • The expansion into adjacent segments like stationary monitoring and global health opens new revenue streams for Sensitech and, by extension, Carrier.
  • The integration of Berlinger's proprietary technology and software capabilities could lead to improved profit margins through value-added services and potentially higher-priced offerings.

Investors should monitor Carrier's upcoming financial reports for insights into the acquisition's impact on revenue growth and profitability in the Sensitech business unit. The cold chain monitoring market is experiencing rapid growth due to increased demand in pharmaceutical and food industries, making this acquisition a potentially lucrative long-term investment for Carrier.

This acquisition marks a significant development in the cold chain monitoring industry. By integrating Berlinger's expertise, Sensitech is poised to offer more comprehensive end-to-end solutions, which is important in today's complex global supply chains. Here's why this matters:

  • Enhanced Technology Stack: The addition of Berlinger's real-time monitoring and analytics capabilities will allow Sensitech to provide more sophisticated, data-driven insights to its clients.
  • Market Expansion: Entering the stationary monitoring and global health segments diversifies Sensitech's portfolio, potentially insulating it from sector-specific downturns.
  • Competitive Advantage: The combined expertise of both companies could lead to innovative solutions that address emerging challenges in cold chain management, such as sustainability and increased regulatory scrutiny.

However, the success of this acquisition will largely depend on how well Sensitech integrates Berlinger's team and technology. Smooth integration is key to realizing the full potential of this strategic move and maintaining customer satisfaction during the transition period.

For the broader industry, this acquisition signals a trend towards consolidation and comprehensive solution offerings in the cold chain monitoring space, which could prompt similar moves by competitors.

BEVERLY, Mass., Aug. 2, 2024 /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has completed its acquisition of the Monitoring Solutions business of Berlinger & Co. AG, a Swiss family-owned company that specializes in innovative and customized solutions for monitoring temperature-sensitive goods in the pharmaceutical and life science, clinical trial and global health segments. Sensitech is part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

"This successful acquisition marks a strategic milestone for Sensitech, creating comprehensive and differentiated cold chain monitoring and visibility solutions for the pharma and life sciences industry," said Bhasker Kaushal, Vice President & General Manager, Sensitech and Refrigeration Aftermarket. "We are excited to welcome the Berlinger team as our new colleagues and look forward to bringing together the best of Berlinger and Sensitech to enable our customers' cold chains to become more connected, automated, intelligent and sustainable."

Berlinger expands Sensitech's end-to-end cold chain monitoring portfolio with a suite of innovative solutions, including high-quality proprietary conventional and real-time monitoring, value-added software and analytics capabilities. Additionally, it broadens Sensitech's addressable market reach into adjacent segments of stationary monitoring and global health.

The Monitoring Solutions business of Berlinger includes approximately 85 employees operating in Switzerland, the Netherlands and the United States.

Lenz & Staehelin provided external legal counsel in this transaction.

About Sensitech
Sensitech® is a world leader in supply chain visibility. Our innovative monitoring products and services help to maintain the quality and integrity of our customers' valuable products at every step in their journey, all around the world. For 30 years, leading companies in the food, pharmaceutical, industrial, consumer goods, and other industries have relied on Sensitech to help protect their products. Sensitech is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions that matter for people and our planet for generations to come. For more information, visit Sensitech.com or follow Sensitech on Facebook at Sensitech Inc., on X @Sensitech and LinkedIn at Sensitech.

Contact:

Amanda Sech 


561-365-2879


Amanda.Sech@Carrier.com

 

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SOURCE Sensitech Inc.

FAQ

What company did Sensitech acquire and when?

Sensitech, a part of Carrier Global (NYSE: CARR), completed the acquisition of Berlinger & Co. AG's Monitoring Solutions business on August 2, 2024.

How does the Berlinger acquisition benefit Sensitech's business?

The acquisition expands Sensitech's cold chain monitoring portfolio with innovative solutions, including real-time monitoring and analytics capabilities. It also broadens Sensitech's market reach into stationary monitoring and global health segments.

How many employees are joining Sensitech from Berlinger?

Approximately 85 employees from Berlinger's Monitoring Solutions business are joining Sensitech, operating in Switzerland, the Netherlands, and the United States.

What industries does Sensitech serve with its cold chain monitoring solutions?

Sensitech serves various industries including food, pharmaceutical, industrial, and consumer goods, helping to maintain the quality and integrity of products throughout their supply chain journey.

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