Announced
Completed
Synopsis
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.
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