Press release from CNW Group
Mullen Group Ltd. closes acquisition of Smook Bros. (Thompson) Ltd.
Friday, April 30, 2010
Mullen Group Ltd. closes acquisition of Smook Bros. (Thompson) Ltd.14:12 EDT Friday, April 30, 2010OKOTOKS, AB, April 30 /CNW/ - (TSX-MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") is pleased to announce the closing of the previously announced acquisition of Smook Bros. (Thompson) Ltd. ("Smook"). Smook is a multi-disciplined heavy civil construction company located in Thompson, Manitoba that provides services such as infrastructure construction, mine site work and tailings ponds construction to the energy, natural resources and government sectors. Smook will work closely with the Kleysen Group L.P. to enhance and expand Mullen Group's service offerings in the Manitoba market. The operating results of Smook will be included in the Trucking/Logistics segment. Mullen Group is also very pleased to announce that both Ted Smook and Chris Smook will continue in their same roles with Smook on an ongoing basis.This press release may contain forward-looking statements that are subject to risk factors associated with the oil and natural gas business and the overall economy. Mullen Group believes that the expectations reflected in this press release are reasonable, but results may be affected by a variety of variables. Mullen Group relies on litigation protection for "forward-looking" statements.Mullen Group is a company that owns a network of independently operated businesses. Today the Mullen Group is recognized as the largest provider of specialized transportation and related services to the oil and natural gas industry in western Canada and as one of the leading suppliers of trucking and logistics services in Canada - two sectors of the economy in which Mullen Group has strong business relationships and industry leadership. Mullen Group provides management and financial expertise, technology and systems support to its independent businesses.Mullen Group is a publicly traded corporation listed on the Toronto Stock Exchange under the symbol "MTL". Additional information is available on our website at www.mullen-group.com.%SEDAR: 00028425EFor further information: Mr. Murray K. Mullen - Chairman of the Board and Chief Executive Officer, Mr. Stephen H. Lockwood - Co-Chief Executive Officer and President, 121A, 31 Southridge Drive, Okotoks, Alberta, Canada, T1S 2N3, Tel: (403) 995-5200, Fax: (403) 995-5296