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EUROMOVERS International

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Graebel to expand following sale of US domestic moving divisions.

Mar 02, 2015
On 6 January, 2015, Graebel Companies, Inc. announced that the company has embarked on a global expansion and will introduce ground-breaking initiatives for its Global 100 and Fortune 500 clients.

This comes following the divestiture of the Company’s US moving services divisions - Graebel Van Lines, Inc, and Graebel Movers, Inc - to Robert and Vasilia Peterson.

Graebel Relocation Services Worldwide, Inc., Graebel Movers International, Inc., Move Management, Inc. and Graebel Commercial Services, Inc. were not included in this transaction, and will continue to operate under the umbrella of Graebel Companies, Inc. led by William Graebel, CEO.

"This divestiture exemplifies our Company’s many triumphant transformations from our humble beginning to a respected, award-winning brand in the global relocation industry,” said William.  “Since 1950, we have strategically acquired or built business entities from the ground up. Our decision to sell the successful, legacy US moving services divisions that are steeped in our family’s history is unquestionably the right move for everyone. Robert and Vasilia Peterson, respected moving industry leaders, have acquired a brand that is strongly revered for its highest quality moving and storage services in the US. The Petersons passionately share our family’s vision about service excellence, and in every aspect this is the right move for everyone.”  

David Graebel, Chairman of the Board, added: “The world’s needs are enormous. Graebel successfully tackles this challenge by proactively and continuously asking our customers ‘what do you need, how can we help?’. At Graebel, we exceed expectations, because we listen to understand our customers’ changing needs. This successful divestiture marks our latest transformation, and the beginning of an exciting new era that will bring enormous benefits for our customers and for their relocating people around the globe now and for decades to come.”  

 “It is important to reiterate that an enormous amount of the heavy-lifting associated with a decision of this magnitude has taken place to ensure a textbook transition that will be seamless for all parties, and particularly for all Graebel customers,” said Bill. “Because our organisation has been built on understanding the changing needs of our customers, we will continue to work closely with and will collaborate with the Petersons’ management team.”

Photo: Graebel Van Lines, Inc is among the companies Graebel has already divested.

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