# Mullen Group to Acquire Willson International for $80M Revenue Boost

- URL: https://stocks.freetheai.org/news/mullen-group-to-acquire-willson-international-for-80m-revenue-boost-2ebf25
- Published: 2026-10-19T10:00:00Z
- Category: mergers; sentiment: bullish; impact: medium
- Symbols: [TSX:MTL](https://stocks.freetheai.org/symbols/TSX-MTL)
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Mullen Group Ltd. (TSX:MTL) has signed definitive agreements to acquire Willson International, a customs brokerage firm. The transaction will be funded entirely using Mullen Group's existing cash balance, avoiding new debt or equity dilution. The acquisition is scheduled to close in the fourth quarter.

The deal is projected to contribute roughly $80.0 million in annual revenue while expanding Mullen Group's customs brokerage capabilities alongside its existing Cole International business. Willson International operates with low capital expenditure needs and positive free cash flow, offering profit margins comparable to Mullen Group's Logistics & Warehousing unit.

Investors will be watching for the final completion of closing conditions in the fourth quarter, followed by operational integration, client retention, and margin performance in upcoming quarterly financial reports. Shares of Mullen Group Ltd. traded at 27.12 CAD, up 0.33% today.

## Key points

- Mullen Group Ltd. (TSX:MTL) reached a definitive agreement to acquire customs brokerage firm Willson International.
- The acquisition is expected to generate approximately $80.0 million in additional annual revenue.
- The transaction is funded through existing cash reserves without issuing new debt or equity shares.
- The deal is anticipated to close during the fourth quarter, strengthening cross-border logistics services.

## Questions and answers

### How much annual revenue will Willson International add to Mullen Group?

Willson International is expected to contribute approximately $80.0 million in annual revenue.

### How is Mullen Group paying for the Willson International acquisition?

The acquisition will be funded entirely using Mullen Group's existing cash reserves, requiring no new debt or share issuance.

### When will Mullen Group complete the acquisition of Willson International?

The transaction is expected to close in the fourth quarter, subject to standard closing conditions.