SIRVA Worldwide Relocation & Moving acquired Team Relocations as a part of their strategy to expand their reach in Europe. Team Relocations, an Amsterdam based relocation and move management company, brings in over 320 employees across nine countries in Europe, and one office in Malaysia.
Team Relocations will be handing over the operations for move management, visa & immigration, household goods, relocation destination, and related shared services to SIRVA Worldwide as per the terms of the acquisition transaction.
SIRVA Worldwide CEO, Tom Oberdorf comments:
"Team Relocations brings strength in Europe to complement our strong position in the Americas and Asia.
Expanding our global footprint to be where our clients want us to be and delivering a consistent, quality experience around the world are key pieces of our growth strategy."
Team Relocations’ Co-founder and Chairman of the board, Yogesh Mehta comments:
"This move immediately makes SIRVA the leader in Europe.
Team Relocations clients will now have access to a broader, global support system and seamless service delivery. I am pleased to share this news with them because this is exactly what our clients have been asking for."
Read more about this acquisition in their full press release here.