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UPS LOGISTICS BUYS POLYSYS ASSETS

UPS LOGISTICS BUYS POLYSYS ASSETS

   The UPS Logistics Group, based in Atlanta, has acquired the assets of Polysys Electronic Systems A.G., a logistics company based in Bachenbulach, Swizterland.

   Polysys is a third-party logistics provider for technology, telecommunications and pharmaceutical markets. Its services include order and warehouse management, transport management services, after-sales support and spare parts repair.

   “Our clients needed access to a global infrastructure,” said Ernst Mathieu, previously director of Polysys and now director of UPS Logistics Group in Switzerland.

   Last year, UPS Logistics acquired Finon Sofecome, a French provider of service parts logistics.