.
MergerLinks Header Logo

Announced

Completed

Mullen Group completed the acquisition of B. & R. Eckel's 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

Domestic

trucking services

Canada

Majority

Trucking

Friendly

Acquisition

Private

Completed

full service transportation

Single Bidder

Synopsis

Edit

Mullen Group, one of Canada's largest logistics providers, completed the acquisition of B. & R. Eckel's Transport, a full service transportation company. Financial terms were not disclosed. "When the Ringuette family approached us about a possible acquisition I knew this was a meeting I had to take. B&R has been a key player in the LTL and energy services space for many years in Northeastern Alberta. After a few meetings, it became clear that B&R was the right fit for Mullen Group and we were able to negotiate terms that worked for us and the Ringuette family, including having the family stay on following closing for a period of time to ensure a smooth transition," Murray K. Mullen, Mullen Chair and Senior Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US