The shareholders of Sterling Relocation Limited (Sterling), Europe’s largest independent moving and relocation business, have sold the company to UniGroup Inc., a US$1.7 billion US-based global leader in transportation and relocation services. Financial details of this transaction have not been disclosed.
Founded in 1991, Sterling is a provider of global relocation services to some of the world’s leading companies. Through their service delivery hubs in EMEA, the Americas and Asia Pacific, the company helps clients achieve their business goals by alleviating workforce mobility challenges.
Based in St Louis (MI), UniGroup is the parent company of United Van Lines, the nation’s leading corporate mover, and Mayflower Transit, the most well-known name in the moving industry. It is also the parent company of UniGroup Relocation, UniGroup Logistics and other transportation related companies including Allegiant Move Management.
Cavendish, an Oaklins member firm in the UK, advised the seller in this transaction.
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