Quad sells its third-party logistics business for $40 million

Quad/Graphics' Sussex headquarters.
Sussex-based Quad/Graphics Inc. sold its QuadExpress third-party logistics business to Mullen Group Ltd. for $40 million, the companies announced Wednesday. QuadExpress is a Naperville, Illinois-based division of Quad that generated around $135 million in revenue…

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He spent also five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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