Cold Chain Technologies (CCT) announced that it has acquired Global Cold Chain Solutions (GCCS), to expand into Asia Pacific, increasing its presence and capabilities.
GCCS designs and manufactures thermal assurance solutions for a diverse array of life sciences applications. Its core network of manufacturing sites spans across Australia and India. It utilises proprietary product designs and manufacturing processes to meet the needs of its blue-chip life sciences customers globally.
“GCCS’ rapid expansion in India and other global markets are further testament to the quality of its products, operations, and customer service,” says Ranjeet Banerjee, CEO of CCT.
“We are thrilled to partner with Andrew and the entire GCCS team to further expand CCT’s footprint in Asia Pacific, which continues to see rapid investment across all life sciences verticals.”
“We are excited to leverage CCT’s diversified product portfolio, thermal engineering expertise, and proprietary digital track-and-trace software to accelerate our worldwide growth,” says Andrew Meyers, Founder and CEO of GCCS.
Meyers has long admired CCT as a leader in the industry and believes they are the ideal partner in supporting GCCS’s next chapter of growth.
This is CCT’s fifth acquisition since partnering with Aurora Capital Partners in 2019, growing its manufacturing and service capabilities.
CCT is a global provider of advanced thermal packaging and digital monitoring solutions for the transportation of temperature-sensitive life sciences products.