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Mullen Group Ltd. To Acquire ContainerWorld Forwarding Services Inc.

Newswire.ca - Wed Jan 17, 5:00AM CST

OKOTOKS, AB, Jan. 17, 2024 /CNW/ - (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") is pleased to announce that it has entered into a letter of intent ("LOI") to acquire Richmond, British Columbia based ContainerWorld Forwarding Services Inc. and its operating subsidiaries ("ContainerWorld"). The LOI contemplates standard due diligence and the execution of a purchase and sale agreement, both of which have been initiated. The transaction is scheduled to close in the second quarter of 2024, subject to regulatory approval and final closing conditions.

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