Sale of the Munden Group to LOTS Group AB

Industrial Markets - Transportation services

KPMG Corporate Finance acted as financial advisor to the shareholders of Munden Ventures Ltd., J. Munden Transport Ltd., and Peak Forestry Ltd. (collectively, the “Munden Group”) on the sale of the shares of the Munden Group to LOTS Group AB, a fully-owned subsidiary of Scania AB.

The Munden Group is a 4th generation family business based in Kamloops, British Columbia, Canada that is primarily engaged in transportation, forestry and commercial vehicle maintenance services. The Munden Group provides both long and short haul log transportation services in the BC Interior and offers stump-to-dump, cut-to-length log harvesting services to forestry client and licensees in the Kamloops region. The Company also offers a full range of services to fleets of all sizes and to individual owner operators in its 10-bay, government certified commercial vehicle maintenance facility.

Based in Sweden, LOTS Group represents the commercial transport arm of Scania AB, a large global truck and bus manufacturing consortium. LOTS Group was founded in 2016 with the strategic objective of building a successful, international transport company that is well positioned to introduce new technology and improve operational efficiencies as the transport sector continues to evolve.