- Mullen Group has closed a purchase and sale agreement with a third party
- Mullen Group agreed to sell an operating terminal and 4.5 acres of land in B.C.
- This sale supports the company’s priority to manage the balance sheet
- The company has divested approximately $50 million of non-core assets in 2022
- Senior Accounting Officer Carson Urlacher sat down with Daniella Atkinson to discuss the news
- The Mullen Group is one of North America’s largest logistics providers
- Mullen Group Ltd. (MTL) opened trading at $15.61
Mullen Group (MTL) has announced the sale of a terminal and 4.5 acres of land in Surrey, B.C.
The sale supports the company’s priority to manage the balance sheet by divesting several non-core assets.
The company has divested approximately $50 million of non-core assets this year, bringing it closer to its target of no bank debt by year-end.
Senior Accounting Officer Carson Urlacher sat down with Daniella Atkinson to discuss the news.
Mullen Group is one of North America’s largest logistics providers with a network of independently operated businesses that provide a wide range of service offerings, including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation.
Mullen also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
Mullen Group Ltd. (MTL) opened trading at $15.61.