The Suddath Companies Announces Acquisition of The Secor Group
Moving industry leaders share common history of growth, innovation and 220 years of combined experience.
Jacksonville, FL (PRWEB) November 19, 2015
The Suddath Companies, a global provider of relocation, transportation and logistics services headquartered in Jacksonville, Fla., announced today that is has acquired The Secor Group, one of the nation's oldest logistics, moving and storage companies in Washington, DC.
Both Suddath® and Secor share many inherent characteristics including long histories of growth and success and were major contributors to the development and standardization of the modern-day moving industry. Both companies were founding members of van lines Atlas and Allied, respectively, international quality certification program FAIM (FIDI-Accredited International Mover) and the global network of relocation and moving specialists, OMNI (Overseas Moving Network International). Like Suddath, Secor also joined UniGroup, Inc. in the 1980s, holding company of United Van Lines and Mayflower Transit, of which Suddath is currently the largest agent.
"Joining forces makes tremendous business sense. We are both history-rich, proudly rooted organizations that take moving personally each and every day whether its people, products or businesses. We are excited to build upon a shared tradition of service excellence and a winning spirit, as well as strengthen our operating position in key markets while adding scale to each of our product lines," said Michael J. Brannigan, president and CEO of The Suddath Companies. "This will be a great benefit to our customers and our team."
"Our service-first mentality and focus on innovation aligns perfectly with the approach and culture of The Suddath Companies," said Chuck Lawrence, CEO, The Secor Group. "The combined portfolio of services, knowledge, operational resources, technology platforms and partner networks will collectively equip us to better meet the ever-changing needs of clients around the world."
This was the largest acquisition to date for The Suddath Companies.
About The Secor Group
Headquartered in Washington, DC, The Secor Group's roots date back 125 years to the oldest storage company in the nation's capital – Security Storage. The Secor Group companies include: Security Storage Company of Washington, Federal Forwarding, Federal Moving and Storage, Security International, Security International Logistics, Davidson Transfer and Storage, Davidson Forwarding, Bolliger, Special Products Transfer, VISION Relocation, and West End Moving and Storage.
About The Suddath Companies
The Suddath Companies move people, businesses and products. Established in 1919 and headquartered in Jacksonville, Florida, Suddath is a global transportation and relocation management company with services including household goods relocation and global mobility, office moving and total workplace solutions, warehousing and logistics management, and specialized transportation. Suddath has more than 2,000 employees worldwide, over 30 locations and 2.5 million square feet of warehouse space throughout the United States, global operations in Hong Kong, London, Shanghai, and strategic alliances serving more than 150 countries around the world. For more information visit http://www.suddath.com.
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