UPS Logistics Group Acquires Swiss Company

May 2, 2001
The UPS Logistics Group today announced it has acquired the assets of Polysys Electronic Systems A.G., a leading Swiss logistics company. Terms of the agreement were not disclosed. “Polysys shares our ideals and our commitment to excellence and quality of service, making this acquisition a perfect strategic fit for both of us,” said Bill Caplan, managing director of UPS Logistics Group Europe. Based
The UPS Logistics Group today announced it has acquired the assets of Polysys Electronic Systems A.G., a leading Swiss logistics company. Terms of the agreement were not disclosed.

“Polysys shares our ideals and our commitment to excellence and quality of service, making this acquisition a perfect strategic fit for both of us,” said Bill Caplan, managing director of UPS Logistics Group Europe.

Based in Bachenbulach, Polysys is a service parts logistics providers (SPL) in the technology, telecom and pharmaceutical markets. Its services include order and warehouse management, transport management services, after sales support and spare parts repair.

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Tim Parry

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