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SIRVA Worldwide Relocation & Moving acquires Team Relocations

Oct 25, 2018
On 2 August, 2018, SIRVA, Inc announced that it had acquired Team Relocations, a relocation and move management company based in Amsterdam, with offices across Europe.

SIRVA, which has 55 office locations, 620 agent locations and more than 2,600 employees operating in 170 countries, will be more than doubling its European presence through the acquisition. The addition of Team Relocations will bring more than 320 employees and office locations in The Netherlands, United Kingdom, France, Belgium, Norway, Denmark, Luxembourg, Switzerland and Czech Republic, along with a service centre location in Malaysia. In the terms of the transaction, SIRVA will acquire Team Relocations’ household goods, move management, relocation destination, visa & immigration and related shared services.Yogesh Mehta

“Team Relocations brings strength in Europe to complement our strong position in the Americas and Asia,” said Tom Oberdorf, Chief Executive Officer of SIRVA. “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.”

“This move immediately makes SIRVA the leader in Europe,” said Yogesh Mehta, Co-Founder and Chairman of the Board of Directors of Team Relocations. “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.”

Richard Post, currently group director at Team Relocations, will assume the role of group managing director from Co-Founder Yogesh Mehta and lead the business.

Photo:  Yogesh Mehta

 

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