Mullen Group to acquire Cole Group.

Mullen Group, a logistics company providing transportation, warehousing and distribution services, agreed to acquire Cole Group, a logistics services provider specializing in customs brokerage, freight forwarding, and trade consulting. Financial terms were not disclosed. "Today, we announced that we will be adding another outstanding company to our portfolio of independently managed Business Units. Not only is the Cole Group an industry leader in customs brokerage and trade consulting, which happens to be one of the most talked about issues of the day, they have a sizeable 3PL freight service offering, a service that aligns very closely with our U.S. & International Logistics segment. These will be great additions to the Mullen Group," Murray K. Mullen, Mullen Group Chair and Senior Executive Officer.