Life Couriers has announced the completion of its acquisition by JLL Partners. Concurrently, the company also appointed Edward DeMartini as Chief Executive Officer (CEO). DeMartini succeeds Stefan Glebke, who will serve as a strategic advisor to the Board of Life Couriers to ensure a smooth transition.
Headquartered in Munich, Germany, Life Couriers specialises in transporting and handling time-critical healthcare and life science material across 6 core business segments: radiopharma, life sciences, stem cell onboard, direct-to-patient, pharma freight and emergency logistics. With operations strategically located throughout the US, Europe, Central America and Asia, the company operates in the highly attractive and growing outsourced healthcare logistics industry and intends to expand into additional geographic regions as the need for radiopharmaceuticals and direct-to-patient delivery of time-sensitive healthcare logistics solutions continues to rise.
Through this acquisition, Life Couriers will have access to JLL’s deep and longstanding healthcare industry expertise and will benefit from new investment in its people and operations, ensuring the company is even better positioned to strengthen its leadership in patient-led healthcare logistics.
DeMartini joins Life Couriers from The Quick Group of Companies, a leader in global time-critical transportation and logistics solutions and a subsidiary of Kuehne + Nagel, where he served as CEO. During his tenure at the Quick Group, Kuehne + Nagel and DHL, DeMartini led global teams and business development initiatives, and built white-glove global transportation solutions for the healthcare industry.
Speaking on his appointment, DeMartini said, “It’s an honor to join and lead Life Couriers, a company that delivers for patients during life’s most critical moments with the broadest service portfolio on the market. I look forward to working alongside the rest of our leadership team, in partnership with JLL, to drive Life Couriers forward. Together, we will look to extend our reach into new geographic markets while reinforcing our position as the most trusted leader for radiopharmaceutical and time-critical healthcare deliveries globally.”
JLL has completed its acquisition of Life Couriers from an affiliate of AUCTUS Capital Partners, an investment firm focused on the European Mittelstand.
Daniel Di Piazza, Managing Director (MD), JLL Partners, and a member of the Board of Directors, Life Couriers, said, “We are pleased to close the acquisition of Life Couriers at a time where we are seeing heightened demand for crucial radiopharmaceutical and medical logistics solutions. Edward is a highly accomplished executive who brings extensive healthcare logistics experience and a proven track record of scaling operations and developing unique solutions to solve customers’ most pressing supply chain challenges. We thank Stefan for his contributions to Life Couriers, including successfully leading the development and integration of Life Couriers into a global healthcare logistics platform and helping position the business for its next stage of growth.”
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