Modum, which is a European Pharma last mile-focused cold chain monitoring player based in Zurich, Switzerland, has been acquired by Roambee, a Silicon Valley-based global supply chain visibility provider. Roambee will extend its cold chain visibility offering from end to end, including primary, secondary, and last-mile delivery use-cases. As a result of this acquisition, it was solidifying its leadership position in real-time cold chain monitoring systems.
Roambee’s real-time supply chain visibility platform combines its firsthand sensor inputs with non-sensor data to ensure that shipments and assets arrive on schedule, complete, and in excellent shape. Roambee’s supply chain signals and intelligence are used by 300+ customers worldwide, including one of the largest US-based COVID-19 vaccine manufacturers.
Simon Dössegger, Modum CEO, said, “Joining forces with Roambee was natural for Modum due to our shared mission to ensure the timely availability of effective, original products in the medical supply chain. Modum will enhance Roambee’s cold chain footprint with a proven last mile visibility technology to extend the Roambee product proposition to a unique global end-to-end visibility solution. When combined with Roambee’s strong multimodal shipment monitoring capabilities, we can offer granular visibility all the way from manufacturing to a patient’s home at scale.”