We’ve always felt at home in the forest industry. It was the first industry we started transporting for in the Nordics and has served as an important base for our digital development journey. Earlier this year, we won our first forestry transport contract in Latin America, with more to come.
Therefore, it is with great pride and excitement that we today can announce the acquisition of the Munden Group in Canada and resulting establishment of LOTS Group in North America. The Munden Group consists of Munden Ventures Ltd., J. Munden Transport Ltd., and Peak Forestry Ltd, and provides comprehensive trucking, maintenance, and log harvesting services in the BC-area. You can find more information about the Munden companies here: https://www.mundentrucking.ca/
Today’s news is part of our long-term commitment of providing leading transport and associated support services on a truly global scale. Together with Munden’s current management team and employees, we aim to grow our joint business in the region and beyond. Our new North American hub will allow us to leverage Munden’s experience and skill set and extend our service offering to new and existing clients.
- “We are thrilled to welcome the Munden team into to our global organization," said Max Blatt, CEO of LOTS Group. "There is an incredible opportunity to utilize our collective working methods and technology to expand in a largely fragmented industry. With the leadership from Munden’s highly successful operations collaborating with our experienced management team, we are bullish on our ability to become the market leader in the forest and other heavy transport segment in Canada."
The announcement also represents the culmination of an intense period for both parties, and as such we would like to extend our sincere thanks to the Munden family, all external advisors, and our internal project team for their joint efforts in finalizing the deal. We couldn’t be more excited to start this new adventure together!
For more information regarding the acquisition of the Munden Group and of our plans in North America, feel free to contact the team at firstname.lastname@example.org