Corporate relocation company makes acquisition

By Eric Strauss
Somerset | Mar 5, 2019 at 11:54 am

Somerset-based Budd Van Lines, an independent corporate relocation specialist, has acquired Wisconsin-based Merchants Moving & Storage, it announced Tuesday.

The companies will combine their fleets of pack-and-haul, corporate-focused teams in time for what Budd called the peak summer season.

“Even beyond Merchants being a terrific company, one key synergy we perceived was the tremendous similarity between Budd and Merchants,” David W. Budd Sr., CEO of Budd Van Lines, said in a statement. “Both are family-owned, employee-focused, independent van lines active in our communities. I’m confident this merger is going to be a great fit for the customers of both companies, as well as for everyone else involved.”

Budd noted that “The transition process is underway.” Financial terms of the deal were not disclosed.

Eric Strauss | estrauss@roi-nj.com | acerimrat