DHL Group has acquired 100% of CRYOPDP from Cryoport, Inc., a major provider of life sciences supply chain solutions. This move strengthens DHL’s “Health Logistics” division and expands its reach in the growing life sciences and healthcare sector.
CRYOPDP is a specialty courier company focused on clinical trials, biopharma, and cell and gene therapies. It operates in 15 countries and handles more than 600,000 shipments annually. Its services reach over 135 countries, providing essential white-glove logistics for critical healthcare needs.
The acquisition supports DHL’s strategy to grow its Life Sciences and Healthcare business, which already generated over EUR 5 billion in revenue in 2024. By integrating CRYOPDP, DHL enhances its Pharma Specialized Network with expert courier services and global air logistics support from DHL Express and DHL Global Forwarding.
Along with the acquisition, DHL Group and Cryoport announced a strategic partnership. The collaboration will combine DHL’s global logistics network with Cryoport’s niche expertise in temperature-controlled and time-sensitive shipments. It will also strengthen DHL’s ties with all Cryoport business units.
Oscar de Bok, CEO of DHL Supply Chain, called the acquisition a key step in expanding DHL’s pharma logistics. “We aim to meet the evolving needs of clinical trials, biopharma, and cell & gene therapies while expanding our footprint in traditional healthcare logistics,” he said.
Cryoport CEO Jerrell Shelton welcomed the partnership. He said the alliance opens new opportunities in key growth markets like Asia Pacific and EMEA. “Together, we will meet critical supply chain needs with enhanced solutions and wider global access,” he noted.
Also Read: DHL’s MEA Push to Boost Industrial Logistics.
This move supports DHL Group’s Strategy 2030, which prioritizes integrated, temperature-controlled solutions and end-to-end pharma logistics. The addition of CRYOPDP will help DHL reduce costs, improve service, and strengthen its leadership in advanced pharma logistics.
For Cryoport, the partnership with DHL will enable it to better execute its business in EMEA and APAC with a stronger focus on its core business in these regions, creating even greater opportunities to offer highly targeted, top-tier services in answering market demand for its services and products.
GEODIS, a global leader in transport and logistics, has announced the appointment of Jean-Benoît Devauges as Group General Counsel. In his new role, Devauges will become a member of the Group’s Management Board, chaired by Marie-Christine Lombard, CEO of GEODIS.
Additionally, he will join the Executive Board alongside Lombard and David-Olivier Tarac.
Devauges brings a wealth of experience to GEODIS, having held senior legal positions in various international organizations. He began his career at the renowned international arbitration firm Lazareff & Associés. In 2000, he transitioned to Renault’s legal department as a corporate lawyer, where he quickly rose through the ranks.
In 2006, he joined Nissan’s global legal department in Tokyo, Japan, and moved to Nissan North America in Nashville, Tennessee, in 2008.
In 2011, Renault appointed Devauges as deputy to the group general counsel, giving him responsibility for partnerships, mergers, and acquisitions.
Also Read: GEODIS Advances Sustainability with New Biofuel Truck Fleet in UAE.
In 2017, Renault promoted Devauges to General Counsel, and in 2019, they also appointed him Secretary to the Board of Directors. Since 2023, he has served as General Counsel and Head of Legal Affairs, Ethics, and Corporate Governance at MEDEF, the French business confederation.
Devauges holds postgraduate diplomas in international business law from the University of Paris I and in E.U. law from the University of Paris II. He is admitted to practice law in France.
With his extensive legal and corporate experience, Devauges is set to play a key role in strengthening GEODIS’s governance and legal strategy as the company continues to expand its global reach.
Earlier in January 2025, GEODIS appointed Marc Vollet as Executive Vice-President of the company’s European Road Network Line of Business. He will also join the Group’s Management Board, chaired by Marie-Christine Lombard, CEO of GEODIS.
GEODIS is a leading worldwide provider of customized transportation, warehousing, global logistics, and supply chain solutions. With nearly 53,000 employees and a network covering close to 166 countries, GEODIS recorded €11.6 billion in revenue in 2023. Read more about GEODIS here.