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COMPETITION WATCH: Wheels Group closes MSM deal

TORONTO, Ont. -- Wheels Group has closed its acquisition of MSM Transportation.


TORONTO, Ont. — Wheels Group has closed its acquisition of MSM Transportation.

The deal was originally announced Aug. 23 and closed this week.

“This acquisition provides solid growth opportunities by further enhancing and broadening the service capabilities of Wheels,” said Doug Tozer, CEO of Wheels. “The increased scale, added transportation lanes and new expertise resulting from the business combination will provide tangible advantages for customers of both Wheels and MSM.”

Tozer added: “We thank Bob Murray and Mike McCarron, the founders of MSM, for their leadership, and welcome John Abate, vice-president and general manager of Wheels MSM, who will lead the operations of the acquired business going forward. We are excited to welcome MSM’s employees and customers to Wheels.”


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