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This strategic integration creates a comprehensive network of temperature-controlled solutions.
December 9, 2024
By: Charlie Sternberg
Tower Cold Chain, a provider of passive temperature-controlled containers, has expanded its global footprint following its recent acquisition by Cold Chain Technologies (CCT). This strategic integration creates a comprehensive network of temperature-controlled solutions to meet the growing global demand for pharmaceutical and life sciences shipments. With the combined resources of Tower and CCT, customers now benefit from a vastly expanded hub network featuring three Centers of Excellence and 54 regional hubs spanning 26 countries, enabling broader geographic coverage and enhanced customer service. Ahead of the acquisition, Tower Cold Chain had recently launched new hubs in Toronto, Canada, and Hyderabad, India, strengthening its presence across the Americas and Asia-Pacific regions. Tower’s presence in regions such as South America and parts of APAC has now been significantly bolstered through CCT’s robust infrastructure. This expansion empowers customers to access a broader portfolio of solutions, combining Tower’s advanced reusable passive containers with CCT’s reliable single-use packaging options. For Cold Chain Technologies, the acquisition strengthens its position in the EMEA region, where Tower Cold Chain already had a strong foothold. The newly strengthened network not only boosts logistics efficiency but also advances the company’s sustainability goals by reducing idle time and minimizing transport distances for reusable containers. Customers now benefit from improved regional support, faster delivery times, and streamlined product return processes, ensuring a more seamless and sustainable service experience. “This development not only enhances our reach but also reinforces our commitment to delivering high-performance, temperature-controlled solutions with both global scalability and local expertise,” said Niall Balfour, CEO of Tower Cold Chain. “After what was already a very successful year for Tower Cold Chain, the acquisition marks a significant milestone, positioning us for continued success as we head into 2025.”
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