Temperature-sensitive market container firm va-Q-tec has further expanded its international presence with a new Latin American head office and operations facility in Montevideo, Uruguay.
The new site will function as a key hub for va-Q-tec’s rental services and as a fulfillment station from July 2018 onwards.
The German Stock Exchange listed company, which recently opened a new regional head office in North America, said it will invest into its Latin America market expansion in coming years.
Va-Q-tec’s founder and chief executive officer, Joachim Kuhn said: “The opening of our new Latin American facility is a testament to our commitment to grow the business and expand our local client base.
“Montevideo, being a central distribution hub for the Southern Cone, with state-of-the art airport facilities and easy access to major roads across the country as well as in close proximity to other pharmaceutical centers in Latin America, is the perfect location for this mission.
“So, with our new hub we will offer our current and future customers the best solutions for their temperature controlled logistics needs.”
Va-Q-tec Group global head of sales and vice president of va-Q-tec Uruguay, Christopher Storch said with this new facility it will be able to meet and exceed the demands of pharma clients, which recently appointed va-Q-tec as the main supplier for temperature controlled logistics services.
“Additionally, having a head office in Uruguay further strengthens our position in facilitating the growth of the pharmaceutical industry in Latin America,” he added.
Va-Q-tec Uruguay president and group director of sales in Latin America, Edgardo Ipar will run the business in Latin America and serve va-Q-tec’s growing regional customer base together with the local team.
By the end of 2018, va-Q-tec will own a global stock of approximately 2,000 containers that transport products from the pharmaceutical industry worldwide.
Va-Q-tec said the main factor behind choosing Uruguay as its regional head office is because its transport and thermal insulation technology has been well received by pharma companies and it is an ideal gateway to other Latin American countries.
The company said with sustained growth in Uruguay’s service sector and several public initiatives to attract foreign investments, Uruguay’s appeal to international companies continues to grow.
In particular, pharma manufacturers are increasingly choosing Uruguay as the location for their regional distributional centres and va-Q-tec will be well placed to provide services to this cluster of pharma companies, as well as provide high technology containers for clients in Uruguay, Chile, Argentina, Paraguay, Brazil and other countries in order to transport highly sensitive products.