Announced
Completed
Financials
Tags
logistics management
Completed
Majority
transportation
warehousing
Transportation Services
Friendly
Acquisition
Domestic
Private
Canada
Single Bidder
Synopsis
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.
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