Andlauer Healthcare Group Acquires Boyle Transportation and Remaining Stake in Skelton USA

UPS Acquires Andlauer Healthcare Group

November 4, 2025

Healthcare Services

UPS completed its acquisition of Andlauer Healthcare Group Inc. (AHG) for approximately CAD $2.2 billion (USD $1.6 billion). AHG shareholders received CAD $55.00 per share in cash, and the deal expands UPS Healthcare’s cold chain and complex healthcare logistics capabilities across North America and globally.

Kenan Advantage Group Acquires XBL Holdings (Xcel Bulk Logistics)

November 26, 2024

Transportation

Kenan Advantage Group (KAG) has acquired Texas-based XBL Holdings (operating as Xcel Bulk Logistics), a dry bulk transportation, storage and logistics provider headquartered in Weatherford, Texas. The deal — from PE owner Lilium Group — adds XBL's drivers, operational staff, tractors, trailers, storage silos and terminals to KAG's growing dry bulk platform; financial terms were not disclosed.

Mullen Group Acquires B. & R. Eckel's Transport Ltd.

May 1, 2023

Logistics & Distribution

Mullen Group Ltd. has entered into a share purchase agreement to acquire B. & R. Eckel's Transport Ltd., a Bonnyville, Alberta-based trucking and logistics operator. The acquisition, funded from Mullen's cash and credit lines, adds 16 facilities, a fleet of ~400 power units and over 950 trailers, ~420 employees and approximately $85.0 million in annualized revenue, expanding Mullen's presence in Northeastern Alberta and energy-focused hauling capabilities.

Andlauer Healthcare Group Acquires Logistics Support Unit (LSU) Inc.

March 1, 2022

Logistics & Distribution

Andlauer Healthcare Group Inc. (AHG) has completed its acquisition of 100% of Logistics Support Unit (LSU) Inc. for approximately $30 million, paid via the issuance of 154,639 subordinate voting shares and about $22.5 million in cash. LSU is a Canada-based third-party logistics provider specializing in pharmaceutical, medical and biotechnology warehousing, distribution and order management and is the exclusive distributor of immunizing agents for Québec's public health system.

Andlauer Healthcare Group Acquires Skelton Canada and Minority Stake in Skelton USA

March 1, 2021

Transportation

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.

Andlauer Healthcare Group Acquires TDS Logistics Ltd. and McAllister Courier Inc.

October 5, 2020

Logistics & Distribution

Andlauer Healthcare Group Inc. (AHG) acquired all issued and outstanding shares of TDS Logistics Ltd. and McAllister Courier Inc. from Andlauer Management Group Inc. for approximately $15.9 million in cash. The tuck‑in acquisitions expand AHG's temperature‑controlled and regional courier footprint across Ontario (combined ~ $22M revenue in 2019) and were structured as a related‑party transaction (AMG is owned by Michael Andlauer).