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Logistics company Fast Group to take part in COVID-19 vaccine distribution

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MANILA - Logistics firm Fast Group said it will be part of the COVID-19 vaccine distribution program of the government and the private sector next year as it wields its expertise in handling healthcar

e supply chains in the fight against the pandemic.

“Medicines really really need to be within certain stable bands of temperature, and we have substantially helped a number of our clients create this type of supply chain,” Chiongbian said during an online forum. Fast Group also announced that private equity firm CVC Capital is investing up to P6 billion in the logistics firm for a 40 percent stake.

 

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