Public market insider selling at Andlauer Healthcare Group (AND)

Public market insider selling at Andlauer Healthcare Group (T:AND)

Michael N. Andlauer, a Senior Officer, Director and 10% Holder, disposed of 508,000 Subordinate Voting Shares on a control or direction basis for registered holder The AHG Employee Benefit Plan Trust at a price of $32.000 on June 16th, 2020. This represents a $16,256,000 divestment of the company's shares and an account share holdings change of -54.9%.

Andlauer Healthcare Group is in the Healthcare Facilities & Services Sub Industry Group under the Healthcare Sector.

Andlauer Healthcare Group Inc. is a Canada-based supply chain management company that provides healthcare supply chain services. The Company provides a platform of customized third-party logistics (3PL) and transportation solutions for the healthcare sector. The Company operates through two segments: Specialized Transportation and Healthcare Logistics. Its specialized transportation segment includes its air freight forwarding, ground transportation and last mile delivery product lines. Its specialized transportation solutions are offered under its ATS Healthcare brand. The Company's healthcare logistics segment provides supply chain services for its customers, including logistics and distribution services and packaging solutions. Its 3PL services are provided under its Accuristix brand. The Company operates nine distribution centers and 18 branches nationwide. It offers services to healthcare manufacturers, wholesalers, distributors and 3PL providers.