About Mullen Group
Mullen Group is a company based in Okotoks (Canada) founded in 1949.. The company has 7,990 employees as of December 31, 2024. Mullen Group has completed 21 acquisitions, including Apps Transport Group, Argus Carriers and B&R Eckel's Transport. Mullen Group offers products and services including Less-Than-Truckload Services, Truckload Services, Warehousing Services, Specialized Hauling, and Third-Party Logistics. Mullen Group operates in a competitive market with competitors including DACHSER, GTI Group, Skelton Truck Lines, Mikisew Group and Brimich Logistics, among others.
- Headquarter Okotoks, Canada
- Employees 7990 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mullen Group Ltd.
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Annual Revenue
$1.38 B (USD)-0.27as on Dec 31, 2024
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Net Profit
$78.02 M (USD)-17.89as on Dec 31, 2024
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EBITDA
$223.94 M (USD)-2.06as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
7990
as on Dec 31, 2024
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Investments & Acquisitions
Apps Transport Group
& 20 more
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IPO & Listings of Mullen Group
Mullen Group is a publicly listed company on the TSX with ticker symbol MTL in Canada, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Mullen Group
Mullen Group offers a comprehensive portfolio of products and services, including Less-Than-Truckload Services, Truckload Services, Warehousing Services, Specialized Hauling, and Third-Party Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Efficient shipping for smaller loads across regions.
Full truckload solutions for bulk freight needs.
Storage and management of goods for clients.
Hauling for energy and construction sectors.
Outsourced logistics management for businesses.
Funding Insights of Mullen Group
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(25 Jun 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Post-IPO - Mullen Group | Valuation |
investors |
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| Jun, 2019 | Amount | Post-IPO - Mullen Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Mullen Group
Mullen Group has strategically engaged in corporate development activities, having acquired 21 companies. Notable acquisitions include Apps Transport Group, Argus Carriers and B&R Eckel's Transport. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-modal freight forwarding and logistics services are provided globally.
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2015 | ||||
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Provider of environmental awareness to preserve our planet for future generations
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2013 | ||||
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Oil and gas exploration and production activities are conducted.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mullen Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mullen Group Comparisons
Competitors of Mullen Group
Mullen Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DACHSER, GTI Group, Skelton Truck Lines, Mikisew Group and Brimich Logistics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Road transportation services are provided by DACHSER across multiple regions.
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| domain | founded_year | HQ Location |
Provider of road freight transportation services
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| domain | founded_year | HQ Location |
Road freight forwarding and logistics services are provided across Canada.
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| domain | founded_year | HQ Location |
Offers oil sands site services, maintenance, logistics, and construction expertise.
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| domain | founded_year | HQ Location |
Temperature-controlled warehousing, logistics, and transportation services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mullen Group
Frequently Asked Questions about Mullen Group
When was Mullen Group founded?
Mullen Group was founded in 1949 and raised its 1st funding round 70 years after it was founded.
Where is Mullen Group located?
Mullen Group is headquartered in Okotoks, Canada. It is registered at Okotoks, Alberta, Canada.
Who is the current CEO of Mullen Group?
Murray K Mullen is the current CEO of Mullen Group.
How many employees does Mullen Group have?
As of Dec 31, 2024, the latest employee count at Mullen Group is 7,990.
What is the annual revenue of Mullen Group?
Annual revenue of Mullen Group is $1.38B as on Dec 31, 2024.
What does Mullen Group do?
Mullen Group was founded in 1949 and operates as a publicly traded company in the trucking and logistics sector from Okotoks, Canada. Businesses are segmented into TruckingLogistics, encompassing 12 units, and Oilfield Services. Freight services cover general cargo, specialized items like cable and steel, over-dimensional loads including heavy equipment, and dry bulk commodities. Warehousing and distribution are also provided throughout Canada.
Who are the top competitors of Mullen Group?
Mullen Group's top competitors include DACHSER, GTI Group and Skelton Truck Lines.
What products or services does Mullen Group offer?
Mullen Group offers Less-Than-Truckload Services, Truckload Services, Warehousing Services, Specialized Hauling, and Third-Party Logistics.
Is Mullen Group publicly traded?
Yes, Mullen Group is publicly traded on TSX under the ticker symbol MTL.
How many acquisitions has Mullen Group made?
Mullen Group has made 21 acquisitions, including Apps Transport Group, Argus Carriers, and B&R Eckel's Transport.
What is Mullen Group's ticker symbol?
The ticker symbol of Mullen Group is MTL on TSX.
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