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Mullen Group to Acquire Cole Group Pending Approval

4/17/2025

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Summary

Story summary

Mullen Group intends to acquire Cole Group, a logistics services provider, along with its subsidiaries.
The acquisition awaits regulatory approval and is projected to complete in Q2 2025.
Cole Group focuses on customs brokerage and freight forwarding, with 43 locations across Canada and the U.S.
Mullen Group plans to finance the acquisition using its existing cash and credit resources.

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Story summary

Mullen Group intends to acquire Cole Group, a logistics services provider, along with its subsidiaries.
The acquisition awaits regulatory approval and is projected to complete in Q2 2025.
Cole Group focuses on customs brokerage and freight forwarding, with 43 locations across Canada and the U.S.
Mullen Group plans to finance the acquisition using its existing cash and credit resources.