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Andlauer Healthcare Group Inc
Symbol AND
Shares Issued 18,342,254
Close 2025-11-03 C$ 54.96
Market Cap C$ 1,008,090,280
Recent Sedar+ Documents

Andlauer completes takeover by UPS

2025-11-03 17:33 ET - News Release

An anonymous director reports

UPS COMPLETES ACQUISITION OF ANDLAUER HEALTHCARE GROUP INC.

Andlauer Healthcare Group Inc. has completed, effective Nov. 1, 2025, of the previously announced plan of arrangement under the Business Corporations Act (Ontario) pursuant to which UPS acquired, directly or indirectly, all of the issued and outstanding multiple voting shares and subordinate voting shares of Andlauer Healthcare for cash consideration equal to $55.00 per share.

Andlauer Healthcare's subordinate voting shares are expected to be delisted from the Toronto Stock Exchange shortly, and Andlauer Healthcare will apply to cease to be a reporting issuer in each of the provinces and territories of Canada.

Registered shareholders of Andlauer Healthcare are reminded to submit a duly completed letter of transmittal and, as applicable, the certificate(s) representing their subordinate voting shares, to TSX Trust Company, Andlauer Healthcare's depositary, in order to receive their consideration under the arrangement. Registered shareholders who have questions or require assistance can contact TSX Trust Company at 1-866-600-5869 (toll-free in North America), at 416-342-1091 (outside North America) or by e-mail at tsxtis@tmx.com.

Non-registered shareholders, being shareholders who hold their subordinate voting shares through a broker or other intermediary, are not required to submit a letter of transmittal. Non-registered shareholders should consult with their broker or other intermediary to confirm what, if anything, they must do to receive their consideration under the arrangement.

Early warning reporting

Prior to the arrangement, Advance Investments Corp. (formerly 1001211526 Ontario Inc.) (the purchaser), an affiliate of UPS formed in connection with the arrangement, did not own any multiple voting shares or subordinate voting shares of Andlauer Healthcare. After completion of the arrangement, the purchaser owns directly or indirectly 39,150,209 subordinate voting shares, which represents 100 per cent of the issued and outstanding shares of Andlauer Healthcare. There are nil multiple voting shares outstanding.

An early warning report will be filed in accordance with applicable securities laws and will be available under Andlauer Healthcare's profile on SEDAR+.

To obtain a copy of the early warning report of Advance Investments Corp., or for other inquires please contact:

UPS Media Relations

404-828-7123

pr@ups.com

About Andlauer Healthcare Group Inc.

Andlauer is a leading and growing supply chain management company offering a robust platform of customized third party logistics (3PL) and specialized transportation solutions for the health care sector. AHG's 3PL services include customized logistics, distribution and packaging solutions for health care manufacturers across Canada. Andlauer's specialized transportation services in Canada, including air freight forwarding, ground transportation, dedicated delivery and last-mile services, provide a one-stop shop for clients' health care transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, Andlauer strives to accommodate the full range of its clients' specialized supply chain needs on an integrated and efficient basis. Andlauer also provides specialized ground transportation services, primarily to the health care sector, across the 48 contiguous U.S. states.

We seek Safe Harbor.

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