Cold Chain Technologies, LLC, a leading provider of thermal packaging solutions for the transportation of temperature-sensitive products for the life sciences industry, announced it has acquired Exeltainer, a global provider of life sciences thermal packaging solutions with manufacturing hubs in Spain and Brazil. Terms of the transaction were not disclosed.
The acquisition of Exeltainer further expands CCT’s global footprint and broadens its portfolio of highly engineered products that solve customers’ most challenging problems. Founded in 2004, Exeltainer has leveraged its technical expertise and strategic manufacturing locations to become the supplier of choice for blue-chip pharmaceutical customers serving Europe and Latin America.
“Exeltainer has developed an impressive portfolio of solutions to meet the stringent compliance requirements of its global pharmaceutical clients” said Ranjeet Banerjee, CEO of CCT. “We are thrilled to partner with Héctor Navarro and the entire Exeltainer team to deliver enhanced value to our customers around the globe. This combination further establishes CCT as a leader in sustainable shipping solutions with unmatched thermal engineering expertise and global manufacturing capabilities.”
“This exciting partnership will help accelerate our growth into new regions and further our development of innovative products,” said Héctor Navarro, Founder and CEO of Exeltainer. “We admire CCT as a leader in the thermal packaging industry and believe it is the ideal partner for Exeltainer’s next chapter of growth. We look forward to working with Ranjeet and his team to better serve our customers, our employees, and the entire life sciences community.”
This is CCT’s third add-on acquisition since partnering with Aurora Capital Partners in 2019. During this time, CCT has dramatically expanded its portfolio of sustainable packaging solutions, entered key new life sciences verticals, launched its new digital platform, and dramatically grown its global manufacturing and distribution capabilities.
