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Sirva Signs Deal to Sell European Moving Operations
Moving company Sirva Inc. said Wednesday it signed an agreement to sell its moving operations in 11 European countries to European firm Team Relocations for about $10 million.
Sirva, the parent of Allied Van Lines and North American Van Lines, is ranked No. 13 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.It said that Team ould become the Allied network representative in the countries involved.Upon closing, Team will become an integral member of Allied’s global network and will utilize the Allied trademark in the listed countries, under the name Team Allied,” said Brian Kelley, Sirva’s chief executive officer.