AUCTUS portfolio company SLS group acquires Associated Couriers Inc.

SLS, an international group of specialized logistics operators, acquires Associated Couriers, the leading US supplier for radiopharmaceutical logistics, thus enhancing SLS groups’ outstanding life science logistics position.

Associated Couriers Inc. (AC), a courier and delivery service provider originally specialized in the radiopharmaceutical sector, was founded in St. Louis (MO) in 1997 and since then successfully developed into a market leader in life science related logistics services. AC actually owns a distribution network covering large parts of the USA (38 states), operates with more than 100 employees, and reaches a turnover of approx. $ 30 million per year. Based on ACs core skills and given the impressive track record of double digit growth rates over the past years, AC proved to be the perfect match in strengthening the core life science competencies of the SLS group (Germany), which already today is the globally leading provider for stem cell and also laboratory specimen logistics.

Matt Silverberg, CEO Associated Couriers: “We are extremely happy to join the SLS group, giving us the power to drive the further growth of the business, both in North America and on an international scale. Additional resources will enable AC to go for further investments in strategic development areas, but also to look for M&A-options completing the AC strategy fulfilment”.

Thomas Lang, CEO SLS group: “The whole SLS-family is fascinated by the power and engagement of Matt Silverberg and the AC-team in developing the company and growing the business. But we also share the same core values and visions, which turns AC into the perfect match as the US-based accelerator for our global strategy in specialized life science logistics services”.

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About Associated Couriers

Associated Couriers Inc., founded in 1997 in St. Louis (MO), is a courier and delivery service provider specialized in the radiopharmaceutical and e-commerce sector, today covering 38 US states with 15 logistic hubs and more than 100 employees. Showing yearly growth rates beyond 20%, AC will shortly pass a turnover of $ 30 million per year. www.acistl.com

About SLS group

SLS group is an international group of specialized logistics service operators focused on customized priority logistics, based on two main operational pillars: Life Science (i.e. Stem Cells, Pharmaceutical) and Industrial (i.e. Automotive, Aircraft on Ground, High Tech). The group operates locations in Germany, Czech Republic, Romania and the United States and employs more than 300 people. www.slsgroup.de

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