Add-on Acquisition • Transportation

Mullen Group Acquires Harris Transport

On July 1, 2021, Mullen Group acquired transportation company Harris Transport

Acquisition Context

This is Mullen Group’s 12th transaction in the Transportation sector.
This is Mullen Group’s 14th transaction in Canada.
This is Mullen Group’s 2nd transaction in Manitoba.

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M&A Deal Summary
Date	July 1, 2021
Target	Harris Transport
Sector	Transportation
Buyer(s)	Mullen Group
Deal Type	Add-on Acquisition

Target Company

Harris Transport

Winnipeg, Manitoba, Canada

Harris Transport is a trucking and brokerage company specializing in open deck transportation, serving customers throughout North America in the steel, agriculture equipment, industrial, construction, rail products, and energy industries. Harris operates a fleet of 50 company tractors, approximately 165 trailers. Harris Transport is based in Winnipeg, Manitoba.

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Buyer Overview 1

Buyer

Mullen Group

Okotoks, Alberta, Canada

Category	Company
Founded	1949
Sector	Transportation
Employees	8,070
Revenue	2.0B CAD (2024)

DESCRIPTION

Mullen Group provides a wide range of specialized transportation and related services to the oil and natural gas industry. Mullen Group was founded in 1949 and is based in Okotoks, Canada.

Deal Context for Buyer	#
Overall	15 of 18
Sector: Transportation	12 of 15
Type: Add-on Acquisition	14 of 17
State: Manitoba	2 of 2
Country: Canada	14 of 17
Year: 2021	6 of 6

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-06-30	QuadExpress Naperville, Illinois, United States QuadExpress is a third-party logistics solutions partner dedicated to utilizing technology combined with diverse backgrounds and knowledge to develop custom transportation solutions. QuadExpress headquartered in Naperville, Illinois.	Buy	$40M

DATE

TARGET

DEAL TYPE

VALUE

2021-06-30

QuadExpress

Naperville, Illinois, United States

QuadExpress is a third-party logistics solutions partner dedicated to utilizing technology combined with diverse backgrounds and knowledge to develop custom transportation solutions. QuadExpress headquartered in Naperville, Illinois.

Buy

$40M

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-05-01	B&R Eckel s Transport Bonnyville, Alberta, Canada B&R Eckel's Transport is a Canadian owned and operated, and specialize in all aspects of transportation. B&R Eckel's Transport was founded in 1965 and is based in Bonnyville, Alberta.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2023-05-01

B&R Eckel s Transport

Bonnyville, Alberta, Canada

B&R Eckel's Transport is a Canadian owned and operated, and specialize in all aspects of transportation. B&R Eckel's Transport was founded in 1965 and is based in Bonnyville, Alberta.

Buy

Explore Related M&A Activity

Transportation M&A - Add-on Acquisition M&A Deals - Manitoba M&A - Canada M&A - 2021 M&A