Lexicon Relocation, a wholly-owned subsidiary of The Suddath Companies, has announced that it has acquired UK-based Sterling Mobility. The binding agreement was signed on April 23, 2018 with final closing targeted for early May.

Lexicon said that the acquisition of Sterling Mobility provides Lexicon Relocation with an expanded global footprint to serve global mobility customers.  

Lexicon Relocation and Sterling Mobility combined provide more than 32,000 annual global relocations with 15 regional offices and more than 1,500 supply chain partners serving 180 countries around the world. Sterling operating locations include London, Madrid, Paris, Geneva, Frankfurt, Cape Town, Singapore, Hong Kong, New Delhi and the United States.

“This acquisition is mutually beneficial, expanding global coverage and helping us better serve the evolving needs of our customers in [an] increasingly-complex international relocation space,” said Michael Brannigan, President and CEO of The Suddath Companies.

Photo: Michael Brannigan

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