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New Deal


Announced

Completed

Mullen Group completed the acquisition of APPS Transport Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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transportation and logistics

Single Bidder

Majority

Third Party Logistics (3PL)

Private

Friendly

Acquisition

Domestic

Canada

Completed

Synopsis

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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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