Crown Worldwide Moving & Storage To Become Part Of The Armstrong Relocation Family Of Companies
Armstrong Relocation & Companies and Crown Worldwide Moving & Storage announced today to which Crown Worldwide Moving & Storage will become part of the Armstrong family of companies.
- Memphis, TN-AR-MS (1888PressRelease) June 25, 2013 - Armstrong Relocation & Companies, one of United Van Lines' largest U.S. hauling agents, and Crown Worldwide Moving & Storage, a leading global provider of transportation and relocation services, as a hauling agent of United Van Lines as well, announced today a signed agreement pursuant to which Crown Worldwide Moving & Storage will become part of the Armstrong family of companies, significantly expanding its global footprint.
"Because of the similarity in cultural principles between both organizations, our respect for Crown and our collective desire to grow in wise ways, both leadership teams agreed the complementary business opportunities were too significant to deny," said Todd Watson, CEO of Armstrong Relocation & Companies. "The positive impact and value we create for one another allows us to provide our clients with more powerful solutions. Armstrong's footprint of 22 locations throughout the country, operational expertise, huge hauling fleet, and strategic sales and leadership teams add tremendous value to the already great things the Crown team is doing in California and around the world."
The combined entity now has expanded its U.S. servicing capabilities that reaches the Pacific coast in California and the Atlantic Coast in North Carolina, totaling 25 agencies in 14 states. In addition, the two companies will now share an elite international network of more than 400 movers in 175 countries, servicing close to 25,000 relocations annually.
"We are excited to become part of the Armstrong organization," said Tori Ferrante, president of Crown Worldwide Moving & Storage's international division. "Crown is proud of what we have achieved in the last 40 years and we look forward to continuing that success within the Armstrong family of companies. The business model Armstrong offers is such a great fit for us. Our shareholders quickly realized that model, operating values and strong sense of mission complement our current business very well. We will continue to operate under the same fundamental philosophy and maintain the same support team structure. The only change is that we will have more global opportunities, complemented by coast-to-coast locations."
The key selling point of this merger is the creation of what the two executives call a "single, integrated global solution." Other features of the merger include the following:
- Business presence in 175 countries and 14 states
- Combined work force expansion to 572 full-time employees and 414 drivers
- Combined operational capabilities expansion to 1,425,000 sq. ft. U.S. domestic warehouse space, 682 trailers, 278 tractors and 181 straight trucks
- Combined annual revenue of $175 million
- Single, integrated global mobility solution
For more information about the merger or either relocation and moving entity, visit either www.armstrongrelocation.com or www.crownwms.com.
About Armstrong Relocation and Companies
Armstrong Relocation, a leading agent for United Van Lines, is headquartered in Memphis, Tennessee with 22 locations in 13 states. Certified by WBENC, Armstrong provides household goods and commercial moving services, international relocation and freight forwarding services, storage and logistics services, and asset and move management web applications. Since its founding in 1957, Armstrong has been committed to providing a growing complement of relocation services that are recognizably superior by building trust, reducing stress and delivering reliability. For additional information, visit www.armstrongrelocation.com.
About Crown Worldwide Moving and Storage
Crown Worldwide Moving & Storage, a leading global provider of transportation and relocation services since 1972, is headquartered in Northern California with locations in Los Angeles and Sacramento. As the first ISO 9001 certified U.S. organization in its industry, Crown's global forwarding business works through its affiliations with FIDI and OMNI. Crown's operational divisions include international transport, commercial relocation, domestic household good transportation, storage and asset management, and automobile transport. Crown is an agent for United Van Lines and considered a small business as defined by the U.S. Federal Government. For additional information, visit www.crownwms.com
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