Michael Endear, the owner of Ottawa Senators, is taking a big step with snow. On Thursday, Global shipping legendary UPS announced It will acquire Endear Healthcare Group (AHG)The Canadian company and Eleaur installed the CAD in a deal of $ 2.2 billion (about $ 1.6 billion).
AHG is an expert in third-party logistics and cold chain transportation-required to provide sensitive medical supply that requires accurate temperature control. It has been the main occupation focus of Andalor over the years, but now he is cashing – although not going away completely.
Once the deal closes, the Endear will continue in the role of a leadership with UPS as the head of the new UPS Canada Healthcare and AHG Division. He will be involved in the construction of the company’s healthcare logistics services, now supported by one of the world’s largest delivery networks.
“UPS Healthcare and AHG employees share uniform customer and patient-centric culture with a tireless attention on quality,” Endear said in a statement“Once the transaction is completed, businesses will provide a comprehensive set of special logistics services for customers across Canada.”
Although this step cannot change its day to day with senators, it marks a change in the professional priorities of Endear-some sense fans must be looking closely. Since taking over as the owner last year, he has made it clear that he wants to build a long -term winner in the capital, not to mention a new area.
Currently, the NHL team of Endear has drowned in the first round of the Stanley Cup playoffs and Ontario’s battle is a few hours away at home with a pivatal game 3 at home.
AHG sales are expected to close later this year, pending shareholders and regulatory approval. The Endear and their management groups, which hold a controlled stake in the AHG, have agreed to support the deal.
According to the release, UPS posted a revenue of $ 91.1 billion last year.