Mullen Group completed the acquisition of ContainerWorld Forwarding Services.

Mullen Group, a logistics provider, completed the acquisition of ContainerWorld Forwarding Services, a logistics services company. Financial terms were not disclosed. "The addition of ContainerWorld demonstrates our continued strategic focus of diversifying service offerings into verticals and markets that we consider as great long-term opportunities. Globally, alcoholic beverages is a trillion-dollar industry and here in Canada, it is a multi-billion dollar industry that is expected to grow as the Canadian population grows. ContainerWorld is a leading integrated logistics provider to international and domestic wine, beer and spirits producers that are looking for a safe and reliable customs bonded service provider in Canada. This acquisition further expands our operations in the provinces of British Columbia and Ontario, home to fifty percent of Canada's population, and will add over one million square feet of warehousing space to Mullen Group," Murray K. Mullen, Mullen Group Chair and Senior Executive Officer.