Scania-backed LOTS Home to acquire Munden Group.

Scania-backed LOTS Home, a firm providing industry transport services, agreed to acquire Munden Group, a firm engaged in the forest industry. Financial terms were not disclosed. “We are thrilled to welcome the Munden team into to our global organization. There is an incredible opportunity to utilize our collective working methods and technology to expand in a largely fragmented industry. With the leadership from Munden’s highly successful operations collaborating with our experienced management team, we are bullish on our ability to become the market leader in the forest and other heavy transport segment in Canada," Max Blatt, LOTS Group CEO.