PRESS RELEASE
For Immediate Release
Calgary, AB – April 15, 2025 — Cole International is pleased to confirm the announcement shared by Mullen Group Ltd. regarding their intention to acquire the shares of Cole Group Inc., Cole International Inc., and Abco International Freight Inc., along with their affiliated entities.
The Cole Group of Companies includes:
This transition is the result of thoughtful consideration by our late founder, Mr. Don Lucky, who was committed to ensuring the long-term success and stability of the company he built. In searching for the right partner, Mr. Lucky prioritized alignment in values — especially integrity, people-first culture, and customer service excellence.
Mullen Group’s commitment to maintaining Cole’s identity and operational independence was a crucial factor in this decision. They have no intention of changing our name, our people, our culture, or the way we serve our customers. The same trusted team and leadership will remain in place, ensuring it’s truly “business as usual.”
“This was a carefully considered decision by Don,” said members of the Cole senior leadership team. “He wanted to ensure the continuation of his legacy and preserve the unique culture that defines Cole International. We are proud to fulfill this part of his vision.”
The transaction remains subject to regulatory approval and is expected to close in the second quarter of 2025.
For more information, please visit www.coleintl.com.