SIRVA Acquires South American-Based Relocation Company

SIRVA Acquires South American-Based Relocation Company

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SIRVA Acquires South American-Based Relocation Company PR Newswire CHICAGO, Aug. 15, 2012 CHICAGO, Aug. 15, 2012 /PRNewswire/ -- SIRVA Worldwide, Inc.

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SIRVA Acquires South American-Based Relocation Company
PR Newswire CHICAGO, Aug. 15, 2012
CHICAGO,Aug. 15, 2012/PRNewswire/ -- SIRVA Worldwide, Inc., a leading global relocation and moving services provider, has acquired Concept Mobility Services, aSao Paulo, Brazil-based relocation and move management company. The business will now operate as SIRVA Relocation, and will provide a full menu of domestic and international relocation services, including destination orientation, visa and immigration, household goods moving, and family services to clients moving employees to, from and withinBrazil. "South Americais becoming a strategic market for our clients. This expansion increases our global footprint, enabling us to provide on-the-ground resources for our clients in this region," said Debbie Balli, president, global relocation services at SIRVA. "This acquisition aligns with our goal of directly delivering services in critical global markets to enhance our customers' mobility experience." "There is a growing demand for relocation services inSouth America, especially Brazil, as a result of corporate expansion and inbound foreign investment," said Marcelo Fonsi at Concept Mobility Services. "Along with my colleague, Renato Lima, and our experienced team, we are very excited to align our local knowledge in this dynamic market with SIRVA's world premier brand and global mobility capabilities to provide additional customer value." Financial terms of the acquisition were not disclosed. To learn more about SIRVA, visit www.sirva.com or call 1-800-341-5648/ +44-1793-619-555/ +852-2104-6668. About SIRVA A leading worldwide provider of relocation and moving solutions, SIRVA Worldwide, Inc. (www.sirva.com) provides more than 230,000 relocations per year to corporations, government employees, and individual consumers through its family of companies. The Company delivers the best mobility experience at the lowest total cost to relocate through complete management of the global supply chain, the world's leading global operations, industry-leading risk management processes, and full accountability and transparency of costs. SIRVA's family of companies includes Allied, Allied International, Allied Pickfords, Allied Special Products, DJK Residential, Global, northAmerican, northAmerican International, SIRVA Mortgage, SIRVA Relocation, SIRVA Move Management, SIRVA Global Relocation, Inc. and SIRVA Settlement. Media contact: Jon Reischel, +1-513-237-7758, jon@color-nine.com