Post&Parcel--DHL Global Forwarding has bought out partner Lufthansa Cargo’s share of their cold chain logistics joint venture, LifeConEx, for an undisclosed sum.

Deutsche Post DHL said its forwarding unit now had 100% ownership of the US-based cold chain unit, and would integrate it into its own cold chain service.

Lufthansa Cargo said relinquishing its 50% stake in LifeConEx would allow it to focus on airport-to-airport business, but it would continue to work in partnership with DHL’s cold chain unit.
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