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				Mullen grows through Hi-Way 9
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					Posted: 
					
						May 4, 2011 12:59 PM
					
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					Last Updated: Mar 27, 2012 08:32 AM
				
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				<p>OKOTOKS, Alta. -- The <a target="_blank" href="http://www.mullen-group.com"><span style="color: rgb(51, 51, 153); ">Mullen Group</span></a> has signed an agreement to acquire LTL carrier <a target="_blank" href="http://www.hi-way9.com "><span style="color: rgb(51, 51, 153); ">Hi-Way 9 Express</span></a> and its subsidiaries, Load-Way and Streamline Logistics.</p>
<p>The companies are private, family-owned corporations based in Drumheller, Alta., which have been in business since 1969.</p>
<p>Three key family members involved in Hi-Way 9, President Dean Kohut, President; Operations VP Darrell Kohut, and Heather Colberg, VP, Administration, will remain with Hi-Way 9 to oversee its day-to-day operations.</p>
<p>Mullen says the acquisition is expected to add $50 million to its consolidated revenues and generate &quot;operating margins consistent with the other businesses in Mullen's trucking and logistics segment.&quot; &nbsp;</p>
			
				
				
			
				
				
			
			
			
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