The acquisition will lead to further expansion of the temperature control packaging company in Latin America
Softbox, an innovator and provider of temperature control packaging for the life science and logistics industries, has acquired Cold Tech Systems.
Cold Tech Systems has been the exclusive Softbox licensee in Latin America for several years, establishing itself as a leading supplier of high-quality temperature control packaging systems for the region’s pharmaceutical cold chain industry.
The acquisition of Cold Tech Systems enables Softbox to distribute its innovative temperature control packaging systems directly to the Latin American market and meet its increasing demand for local innovation as well as local production, inventory, technical and QA support.
Wayne Langlois, President of Softbox, said: “I am extremely proud to welcome Cold Tech Systems as our partner within the Softbox family. The combination of our Softbox capabilities and award-winning packaging systems with Cold Tech’s valuable client relationships, local production and local coverage, will make us the go-to vendor for the leading pharmaceutical companies across Latin America.”
“With the acquisition of Tempack in 2017 and now Cold Tech Systems, we have become an even stronger and simpler solution in Latin America, and I believe our combined companies, all within Softbox, will provide the market’s best products, service and support to our customers.”
Alfredo N. Ratmiroff, President of Cold Tech Systems, added: “The integration with Softbox significantly strengthens Cold Tech’s purpose of supplying its customers in Latin America with the best-in-class cold chain solutions. Softbox’s acclaimed client-driven innovations and Cold Tech’s client-centric product/service customisations are combining to offer the most effective temperature protection with packaging that maximises logistic efficiency.”
“We are truly excited about the prospects of delivering to our clients in Latin America the most innovative cold chain packaging systems adapted to meet regional ambient and logistic challenges backed by local technical support.”