Industry News, Mergers and Acquisitions, Printers News

Quad Divests Its QuadExpress 3PL Logistics Business

Sale of division to Mullen Group Ltd. supports Quad’s strategy to optimize its products and services.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Quad/Graphics, Inc. announced that it has sold its QuadExpress third-party logistics (3PL) business for $40 million to Mullen Group Ltd., one of Canada’s largest logistics providers. QuadExpress joins Mullen Group’s network of independently operated businesses that provide a range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized and specialized hauling transportation. The divestiture supports Quad’s strategy to optimize its product and...

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