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Mullen Group Closes Acquisition Of ContainerWorld Forwarding Services Inc.
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Mullen Group Closes Acquisition Of ContainerWorld Forwarding Services Inc.
May 3, 2024 1:03 PM

03:31 PM EDT, 05/03/2024 (MT Newswires) -- Mullen Group Ltd. ( MLLGF ) was up 0.8% at last look on Friday, but continues to trade at the lower end of its 52 week trading range as it closed the previously announced acquisition of ContainerWorld Forwarding Services Inc. and its operating subsidiaries effective May 1, 2024.

Richmond, B.C.-based ContainerWorld is a logistics company that offers integrated supply chain solutions to the alcoholic beverage and hospitality industries. ContainerWorld will operate as an independent, wholly-owned subsidiary of Mullen Group ( MLLGF ).

Mullen Group ( MLLGF ) is one of Canada's logistics providers, with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics and specialized hauling transportation.

Price: 12.63, Change: +0.09, Percent Change: +0.72

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