Share of United Parcel Service Inc. gained 0.6% in premarket trading Monday, after the package delivery giant confirmed overnight a deal to buy Italy-based healthcare logistics provider Bomi Group for an undisclosed sum. The Wall Street Journal had reported over the weekend that UPS was nearing a deal to buy Bomi for “several hundred million dollars.” UPS said the deal, which is expected to close by the end of the year, will add more than 350 temperature-controlled vehicles and 4 million square feet to the UPS Healtcare business. “As a leading global healthcare logistics company, Bomi enhances our portfolio of services and accelerates our journey to become the number one provider of complex healthcare logistics,” said Kate Gutmann, president of UPS International. UPS’s stock has run up 9.4% over the past three months through Friday, while the Dow Jones Transportation Average has lost 2.0% and the Dow Jones Industrial Average has eased 0.3%.
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