Mullen Group agrees to acquire Willson International
Bitget2026/10/19 10:02By:Bitget
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- Mullen Group agreed to acquire Willson International and related entities, expanding its customs brokerage business in Canada and the US.
- The transaction is expected to close in the fourth quarter of 2026, funded from existing cash resources.
- Willson is expected to contribute approximately $80 million in annual revenue, with operating margins broadly consistent with the Logistics & Warehousing segment.
- The business has limited ongoing capital requirements beyond technology investment and is expected to generate positive free cash flow.
- Willson will remain a standalone business under its existing senior management team, led by Jim McKinnon.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mullen Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610190600PRIMZONEFULLFEED9848005) on October 19, 2026, and is solely responsible for the information contained therein.
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