JACKSONVILLE, FL—May 12, 2015 — Today, leading global mobility and relocation management company, Lexicon Relocation, announced the acquisition of Newbury, U.K.-based Connells Relocation Services, Ltd. The acquisition brings together two companies who share a passion for serving customers and expands Lexicon’s services to include U.K. domestic and U.K. government employee relocations.
Of the news, Michael Mancini, Lexicon Relocation president and chief operating officer, said, “This acquisition is a bold step in investing in Lexicon’s growth plans. With Connells Relocation, we saw a great opportunity to add capabilities and scale to our already growing organization in the EMEA market. We are excited for the team to join Lexicon and look forward to combining our strengths for continued growth.”
Connells Relocation is one of the most respected domestic relocation companies in the U.K. The acquisition will combine and leverage the local industry expertise of Connells Relocation and Lexicon’s global reach and resources. “Through the collective capabilities of our companies, we will now be able to service our customers in more markets than ever before,” Mancini said.
John Carolan, retiring managing director for Connells Relocation said, “I am extremely happy for the team to be joining Lexicon. Although I’m retiring and won’t be here to see this next chapter, with our local expertise and Lexicon’s global capabilities, we will create an extremely attractive proposition for clients seeking professional, experienced and innovative global mobility service solutions.”
Lexicon’s director for EMEA, Damon Ward, noted that, “Since the opening of our London office in 2013, we’ve fully invested our resources to support and grow our EMEA and U.K. business. This acquisition will significantly enhance Lexicon’s scale and breadth of services in the U.K. market. Connells Relocation has an impeccable reputation, and we are excited to have them join the Lexicon team.”
Other key points to today's announcement:
- Connells Relocation will continue to operate as they have with an implementation and integration team working collectively in this transition. Both Connells Relocation and Lexicon Relocation will continue to focus on “Taking Care of the Customer.”
- Lexicon will now have two locations in the U.K.: Lexicon’s current location in Hammersmith and the Connells Relocation office located in Newbury, Berkshire.
- Damon Ward, director for EMEA, will assume oversight of this new location and provide on-the- ground support to Connells Relocation employees as they are welcomed to the Lexicon family.
- The name of Connells Relocation will be utilized for a period of time but will ultimately roll into the Lexicon Relocation brand.