
Mullen Group has announced its purchase of Pacific Northwest Moving (Yukon), and its parent company Pacific Northwest Investments.
A share purchase agreement was signed, and the deal closed on Dec. 1, Mullen said in a release.

Pacific Northwest (PNW) operates from two owned terminals in Whitehorse and Edmonton. It provides LTL services, including temperature-controlled, dry van, and deck, as well as last-mile deliveries in Whitehorse and Dawson City, Yukon. It also operates a small moving and storage division.
Mullen Group chairman and senior executive officer Murray Mullen said the acquisition of the facilities expands its real estate network into Northern Alberta and the Yukon.
“This acquisition is important to our organization from a strategic perspective as we continue to invest in regional LTL opportunities,” Mullen said in a release.
“Acquiring regional carriers with strong ties to the communities they serve is an important element of our business model. The founders and former owners of PNW have built a company that is respected by their customers and employees alike. I am delighted to add PNW to our organization and look forward to working with the PNW team.”
The deal was funded with cash on hand, Mullen announced, and will add more than $25 million in annual revenues to its LTL segment.
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