Wheaton World Wide Moving to acquire Bekins Van Lines
By Eric Anders • Dec 15th, 2011 • Category: *RELOCATION NEWS UPDATES*, Bekins Van Lines, Wheaton Worldwide Moving
It's official!
In a letter issued to all Bekins Van Lines agent owners and independent owner operators, the Bekins' Board of Directors have agreed to allow Wheaton World Wide Moving to acquire the assets of Bekins.
According to the notice issued on December 13, 2011, the sale “will allow the Bekins brand to continue as part of a larger consolidated company and will allow our agents to continue to sell and operate our brand as part of larger and more financially stable system.” With over 300 locations in the U.S., the agent owned company has become one of the country's largest household goods movers.
As part of the transaction, the Bekins Tradeshow division will be separated into a separate entity and operated autonomously. The remaining van line functions at their Hillside, Illinois office will be consolidated at Wheaton's employee-owned headquarters in Indianapolis, Indiana.
With annual revenue in excess of $160 million, Wheaton World Wide Moving is currently the sixth largest household goods carrier and the largest employee owned domestic mover in the U.S.
Founded in 1945, Wheaton offers private and corporate domestic and international household goods relocation services, and professional military move management services as well as special commodities and logistic transportation options which compliment and support the Bekins brand.
Bekins customers and their agents, employees and van operators will be in good hands! Many of Wheaton's executive management team and office staff consist of former employees of “the most recognized name in moving”, Mayflower Transit, Inc.
Mayflower was purchased by Unigroup, Inc. in 1995. The company was moved from it corporate headquarters in Carmel, Indiana to Fenton, Missouri. Unigroup is a $2 billion transportation and relocation services company that also operates the largest domestic household carrier, United Van Lines.
Wheaton credits both it's industry success and strong financial strength in the moving marketplace to it's partnership with approximately 250 agents nationwide.
To learn more, visit www.wheatonworldwide.com.
Related Articles:
Continued consolidation in the moving industry? – RELO Roundtable
Wheaton Van Lines Sues Unigroup for Trademark Infringement – Indiana Intellectual Property Law News
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