CSafe LLC

CSafe LLC

October 18, 2012 06:00 ET

CSafe and AcuTemp Announce Corporate Re-Organization

LONDON, ENGLAND--(Marketwire - Oct. 18, 2012) - As part of CSafe LLC and AcuTemp Thermal Systems continuing global expansion, AcuTemp announced the acquisition of CSafe from AmSafe Inc. and the merger of AcuTemp and CSafe into one company - CSafe.

As a result of this merger, the new company will become the only global provider of a full line of cold chain solutions including packaging, passive systems, active systems, with both airline and non-airline approval, and will be the world's largest producer of actively controlled mobile refrigeration units for life sciences, healthcare, military and international disaster relief agencies.

This acquisition marks the end of the successful AcuTemp and AmSafe joint venture that was established in 2008 to develop a temperature-controlled management solution for the air cargo industry for the movement of temperature-sensitive products utilizing the AcuTemp thermal technology.

As close sister companies, CSafe and AcuTemp share common business cultures, goals, missions and visions making this new organization a comprehensive combination of product, people and service. This merger represents a pooling of the expertise of two major cold chain solution companies into one strong company that will have greatly enhanced capabilities to provide superior products and services to the global cold chain market. The company name will be CSafe and it will continue to offer the CSafe, AcuTemp and ThermoCor branded products.

Brian Kohr, President of CSafe and AcuTemp and speaking on behalf of the combined global workforce, expresses the entire company's pleasure in the new partnership said: "I have had the pleasure of leading both organizations since 2008 and from the beginning it was clear that the goal was to create a company that could offer our life science customers a global cold chain provider for both active and passive solutions."

"AmSafe has been a wonderful partner and CSafe benefited greatly from their involvement in the joint venture. AcuTemp and CSafe are grounded by the same guiding principles - to offer quality products and services centered on sincerity and business integrity that ensure successful shipments of our customer's products. By combining resources, CSafe will now lead the industry as the global total cold chain solution provider."

Significant planning has gone into ensuring a seamless transition that will enhance the company's already high levels of customer service. Contacts for all customers globally will remain the same.

For more information, visit www.CSafeLLC.com and www.AcuTemp.com.

To view the image associated with this press release, please visit the following link: http://media3.marketwire.com/docs/CSafe_AcuTemp_all_products.jpg.

Contact Information