MNX Global takes over LFS
- Latest News
- Tuesday, 21 November 2017
California, USA-based MNX Global Logistics has acquired logistics company Logical Freight Solutions P/L (LFS).
Founded in 1994 in Melbourne, Australia, LFS serves the healthcare industry with locations in Australia, New Zealand, Singapore, Hong Kong, Taiwan and the USA.
"The pace of growth in patient-centric medicine, with its strict requirements for temperature-controlled transportation and time-definite delivery underscores the role that specialty time-critical logistics providers will continue to play in the life sciences and healthcare industries," said MNX chief executive Paul Martins.
Steve Cheetham chief executive, LFS said he is enthusiastic about the potential for the combined business.
"Joining MNX further propels the growth of our business and service offerings across new geographies, and gives our customers access to a diversified range of logistics services and new technologies," he said.