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Associated Logistics Solutions Acquires McKesson Canada’s Partnership Interest in McKesson Logistics Solutions

Oakville, Ontario, October 13, 2009 – Associated Logistics Solutions (ALS) announced today that it has acquired McKesson Canada's partnership interest in McKesson Logistics Solutions (MLS). MLS was created in April 2004, as a result of a joint venture between ALS and McKesson Canada, with each partner holding a 50% stake in the venture. Under the confidential terms of the agreement, ALS will now own a 100% interest in MLS.

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Associated Logistics Solutions Acquires McKesson Canada's Partnership Interest in McKesson Logistics