US moving and storage firm Arpin International Group has announced its acquisition of Florida-based Stephens Moving Services, a company specialising in servicing cross-border moves for private residential customers between the US and Canada.
Arpin said the purchase facilitates ‘the continued growth of Arpin’s transportation management solutions in North America’.
Company president Peter Arpin said: ‘Arpin is excited about its continued expansion into Canada. The US and Canada are each other’s largest trading partners, representing US$125 million in cross-border moves annually. The acquisition of Stephens Moving Services enables Arpin to provide its world-class moving services and bonded warehouses to major Canadian markets – especially in the provinces of Alberta, British Columbia, Ontario, and Quebec.
‘Arpin’s long-term growth strategy includes maintaining a diversified portfolio. This acquisition allows us to establish a stronger foothold in the highly competitive cross-border private residential market.’
Tom Stephens, president of Stephens Moving Services, said: ‘After more than 45 years servicing United States/Canada cross-border relocations, I cannot think of a better partnership for our clients and customers than Arpin International Group. My long-standing relationship with Arpin – as a former vice president and agent before launching Stephens Moving Services – assures me that Arpin International Group is unmatched in talent and resources with a proven track record in the international moving market.’
Stephens will work with Arpin’s management team to facilitate the transition.