SIRVA Expands European Network With Acquisition Of Swiss Relocation Companies

CHICAGO, Oct. 8, 2015 /PRNewswire/ -- 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.

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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.

About SIRVA, Inc.
SIRVA is a leading partner for corporations to outsource their mobility needs, relocating and moving their executives and staff globally. SIRVA offers an extensive portfolio of mobility services across approximately 170 countries providing an end-to-end solution to deliver an enhanced mobility experience and program control and security for customers.

SIRVA has a portfolio of well-known and recognizable brands including Allied, northAmerican, SMARTBOX, and Allied Pickfords. For more information please visit www.sirva.com.

About Swiss Access
Founded in 1988 and established as a public company in 2003 by Michele Decorges-Ellis, Swiss Access is a full service relocation company with locations in Morges and Vevey, in the Lausanne region of Switzerland. The company provides a comprehensive menu of relocation services, including home search, area orientation, settling-in, school search, and departure services.

About MS Move Management
Founded in 2002 by Lenny Madussi, MS Move Management is a household goods moving specialist with locations in Lausanne and Geneva, with move management centers in Warsaw, Poland and Manila, Philippines. The company manages every aspect of international and European moving services, including full client communication, vendor management and cost controls.

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