.
MergerLinks Header Logo

New Deal


Announced

Completed

Mullen Group completed the acquisition of R.S. Harris Transport.

Financials

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

Tags

Edit

logistics management

Completed

Majority

transportation

warehousing

Transportation Services

Friendly

Acquisition

Domestic

Private

Canada

Single Bidder

Synopsis

Edit

Mullen Group, a logistics provider, completed the acquisition of R.S. Harris Transport, a provider of open deck transportation. Financial terms were not disclosed. "This acquisition reinforces what we have articulated to shareholders for some time – we will always invest in opportunities that strengthen our existing Business Units. Harris has an established name in the Canadian trucking industry with a solid reputation for customer service as well as being a formidable competitor. Today I am pleased to announce that we have acquired another good Canadian company. Over the next few months, we will work with the customers and employees to transition the business of Harris into the Gardewine Group of Companies, the best way to realize synergies," Murray K. Mullen, Mullen Group Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US