Issue 17 – Mullen Group Ltd. – Earnings and M&A Update

Mullen Group Ltd. (TSX: MTL) consists of a group of transportation companies that operate in three distinct business segments: Less-than-Truckload (LTL), Logistics & Warehousing (L&W), and Specialized and Industrial Services (S&IS). While we wrote about Mullen in our February 19 Weekly Commentary (Issue No. 7), we are following up on the heels of Mullen’s Q1/2021 earnings call that was held last Thursday (April 22). In January, Mullen management disclosed their intention to pursue strategic acquisitions in the LTL and L&W segments. True to their word, Mullen moved forward with two acquisitions in the first quarter.


Follow us on: LinkedIn


By Charles Marleau CIM® and William Mitchell CIM®

Continue Reading in PDF

By Charles Marleau CIM® and William Mitchell CIM®

All products and services of Palos Wealth Management Inc and Palos Management Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.