Andlauer Healthcare Group Acquires Skelton Canada and Minority Stake in Skelton USA
March 1, 2021
Andlauer Healthcare Group Inc. (AHG) closed acquisitions of 100% of Skelton Canada Inc. and 49% of Skelton USA Inc. for aggregate consideration of approximately C$114.7 million, financed with cash, debt and issuance of AHG subordinate voting shares. The Skelton Companies — a specialized refrigerated/temperature‑controlled healthcare transportation operator with a ~100 truck fleet — will join AHG's healthcare logistics platform to expand specialized transport capacity in Canada and enter the U.S. market.
- Buyers
- Andlauer Healthcare Group Inc.
- Targets
- Skelton Canada Inc., Skelton USA Inc.
- Sellers
- Shareholders of the Skelton Companies
- Industry
- Transportation
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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