eutecma acquires Tempaid to build pallet-to-parcel cold chain packaging group
German reusable cold chain packaging maker eutecma has acquired North American temperature-controlled packaging specialist Tempaid, combining reusable pallet and larger-format shipping systems with validated single-use parcel and last-mile thermal packaging. Terms were not disclosed. The combined business, backed by healthcare investor Great Point Partners, will operate under eutecma chief executive Kevin Grogan and serve pharmaceutical, life sciences and healthcare customers across Europe, North America and Asia.
Why this mattersConsolidation links reusable bulk cold chain packaging with single-use last-mile formats, giving pharma shippers a single supplier across the full temperature-controlled distribution chain.
- eutecma, founded 2008 in Mannheim, Germany, acquired Tempaid, a North American temperature-controlled packaging company
- Deal terms were not disclosed
- Tempaid brings SpeedyPac mailers, SteadyPac thermal shippers, gel packs and PCM mats, with manufacturing in North America and Asia
- eutecma contributes patented ICECATCH cooling systems and modular PROTECT shipping systems
- Combined company will be led by eutecma chief executive Kevin Grogan
- Healthcare investment firm Great Point Partners, which manages about USD 1.7bn, backs eutecma and supported the acquisition