Acquiring Company
Mullen Group
Acquired Company
ContainerWorld Forwarding Services Inc
OkotoksSupply Chain ManagementLogisticsDescription
Mullen Group Ltd. has entered into a letter of intent to acquire ContainerWorld Forwarding Services Inc. and its operating subsidiaries. This strategic acquisition reflects Mullen Group's focus on diversifying service offerings into verticals and markets with long-term opportunities. ContainerWorld's integrated logistics solutions for the alcoholic beverage industry will expand Mullen Group's operations in the provinces of British Columbia and Ontario, adding over one million square feet of warehousing space and expected annualized revenue of approximately $150.0 million.
Quick answer
Mullen Group is acquiring ContainerWorld Forwarding Services Inc, announced January 17, 2024. Mullen Group is based in Okotoks, Alberta, Canada.
- How much did Mullen Group pay for ContainerWorld Forwarding Services Inc?
- The deal value was not disclosed.
- What does Mullen Group do?
- Mullen Group is a leading logistics and transportation company in Canada.
- Where are Mullen Group and ContainerWorld Forwarding Services Inc based?
- Mullen Group is based in Okotoks, Alberta, Canada.
Source: Fundz verified event record.
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Frequently asked
Who acquired ContainerWorld Forwarding Services Inc?
ContainerWorld Forwarding Services Inc was acquired by Mullen Group, based in Okotoks. The deal was reported on January 17, 2024. Mullen Group is a leading logistics and transportation company in Canada. It specializes in providing various transportation solutions, including freight transportation and logistics services. Mullen Group is privately held.
When did Mullen Group acquire ContainerWorld Forwarding Services Inc?
Mullen Group's acquisition of ContainerWorld Forwarding Services Inc was reported on January 17, 2024. Mullen Group Ltd. has entered into a letter of intent to acquire ContainerWorld Forwarding Services Inc. and its operating subsidiaries. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ContainerWorld Forwarding Services Inc do?
ContainerWorld Forwarding Services Inc. is a Canadian logistics company that offers integrated supply chain solutions to the alcoholic beverage and hospitality industries. It is privately held, operating in Supply Chain Management.
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