Announced
Completed
Financials
Tags
transportation and logistics
Single Bidder
Majority
Third Party Logistics (3PL)
Private
Friendly
Acquisition
Domestic
Canada
Completed
Synopsis
Mullen Group, a logistics company that owns a network of independently operated businesses, completed the acquisition of APPS Transport Group, a transportation and logistics company. Financial terms were not disclosed. "Today's announcement is another very important milestone for our organization. We have been very clear with our shareholders as it relates to our strategy of building one of Canada's most comprehensive transportation and logistics networks. I am delighted that we have closed the acquisition of APPS, one of Canada's largest independently owned and operated transport companies. APPS will be an excellent fit in our organization expanding the service offering to shippers and consumers throughout and across Canada," Murray K. Mullen, Mullen Group Chairman and CEO.
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