UPS, which provides a range of logistics services for customers in more than 200 countries and territories, is acquiring MNX Global, a logistics provider.

MNX’s capabilities in radio-pharmaceuticals and temperature-controlled logistics will help UPS healthcare and its clinical trial logistics subsidiary Marken meet the demand for these services in the healthcare industry. The deal looks to bring more precision and capability to UPS customers in healthcare and related industries who rely upon logistics services.

J.P. Morgan Securities LLC is serving as financial advisor to UPS and King & Spalding is serving as the legal advisor to UPS.