SIRVA EXPANDS EUROPEAN NETWORK WITH ACQUISITION OF SWISS RELOCATION COMPANIES
CHICAGO—(October 8, 2015)— SIRVA Worldwide Inc., a leading global relocation and moving services provider, announced the expansion of its European network through the acquisition of Swiss Access, a relocation service provider focused on serving the needs of international companies and their employees, and MS Move Management, a residential moving specialist. Both companies are based in the Lausanne/Geneva region of Switzerland. Financial terms of the acquisition were not disclosed.
Swiss Access and MS Move Management provide a full range of relocation and moving services to multinational organizations, corporate Human Resources departments and employees in Switzerland and around the world. Their services include relocation management, visa & immigration administration, destination services, temporary housing, home finding, settling in services, tenancy management, household goods move management and intercultural & language training.
“As organisations continue to expand their global footprint – particularly in Europe – we continue to look for opportunities to enhance the relocation experience for corporate clients and their employees,” said Maggie Ryan, SIRVA’s President of Europe. “Swiss Access and MS Move Management allow us to offer a higher quality and more satisfying experience for clients in Switzerland and around the world.”
“We are pleased to be joining SIRVA,” said Lenny Madussi, CEO for MS Move Management. “Our existing capabilities and local expertise in relocation and move management combined with SIRVA’s global reach, comprehensive portfolio and industry leading technology platforms will bring new value to all of our customers.”
Going forward, Lenny Madussi will serve as SIRVA’s Country Manager for the Swiss region.
EY Lausanne acted as financial advisor to SIRVA and Bratschi Wiederkehr & Buob AG acted as legal advisor.