Mullen Group Ltd. Closes Acquisition of Canadian Hydrovac Ltd.
OKOTOKS, Alberta, July 04, 2018 (GLOBE NEWSWIRE) — (TSX:MTL) Mullen Group Ltd. (“Mullen Group“, “We“, “Our” and/or the “Corporation“) announced today the closing of the acquisition of Canadian Hydrovac Ltd. that was previously announced on June 19, 2018.
The transaction has been conditionally approved by the Toronto Stock Exchange (“TSX“) subject to providing TSX with the required documentation.
Mullen Group is a company that owns a network of independently operated businesses. The Corporation is recognized as one of the leading suppliers of trucking and logistics services in Canada and provides a wide range of specialized transportation and related services to the oil and natural gas industry in western Canada - two sectors of the economy in which Mullen Group has strong business relationships and industry leadership. The corporate office provides the capital and financial expertise, legal support, technology and systems support, shared services and strategic planning to its independent businesses.
Mullen Group is a publicly traded corporation listed on the Toronto Stock Exchange under the symbol “MTL“. Additional information is available on our website at www.mullen-group.com or on SEDAR at www.sedar.com.
For further information, please contact:
Mr. Murray K. Mullen – Chairman of the Board, Chief Executive Officer and President
Mr. P. Stephen Clark – Chief Financial Officer
Mr. Richard J. Maloney – Senior Vice President
121A – 31 Southridge Drive
Okotoks, Alberta, Canada T1S 2N3