Peli BioThermal acquires NanoCool

Hot on the heels of its expansion in Australia and New Zealand, Peli BioThermal has acquired a temperature-controlled packaging provider in the US: NanoCool.

The Albuquerque, New Mexico-based manufacturer produces cold chain shipping containers that can be stored at room temperature, with no need to refrigerate or precondition them. Instead, when the user activates a container’s cooling technology it quickly conditions the space for shipping biological patient samples and other life science materials.

NanoCool customers include specialist couriers, diagnostic laboratories, clinical supply providers and gene and cell therapy organisations.

The company also has a dry-ice friendly parcel shipper and a version of its cooling engine that patients can send in a shipping envelope from their homes.

While the core competency of both businesses is “very much aligned”, Peli BioThermal president David Williams said there is little overlap between their market segments and product technologies.

“Adding NanoCool’s capabilities to our diverse product line will help fuel our efforts to expand our offerings and bring further innovation to growing sectors of the life sciences industry spanning the globe,” he said.

Doug Smith, founder of NanoCool, observed: “Since we primarily serve customers in the US, we look forward to leveraging Peli BioThermal’s extensive global network to bring our innovative technology to more areas of the world – especially to areas where temperature-control is crucial.”

Smith will stay on at NanoCool as a consultant and the firm’s facility in New Mexico will continue to manufacture its products, with plans to increase production as well as, potentially, staffing.