"This anniversary marks the culmination of an extremely energizing year," said Kevin Kelleher, president and CEO of Cartus. "The acquisition was conceived and undertaken as a growth strategy-one that would bring two industry leaders together to maximize the services and value that we could deliver to our clients and their mobile employees-and the strategy has certainly proven successful."
Cartus has strengthened its position as a one-stop provider of global relocation services with an expanded global presence, enhanced capabilities to deliver cost-effective, on-the-ground services worldwide, a broader product base, and an organizational structure that reflects the leadership expertise from both entities. Kelleher pointed to the more than 100 new clients that Cartus won in 2010 and expanded engagements from nearly 300 existing clients as important indicators of the market's strong acceptance of the new, larger company.
One year after the acquisition, the new Cartus includes:
A corporate client base comprised of more than 50% of the Fortune 100;
Leadership in the public/government markets;
Management of more than 140,000 transferees annually;
2,800 employees worldwide; and
Worldwide offices in more than 20 key locations
Market share and growth are not the only measures of the union's success, according to Kelleher. He added, "Overseeing our integration as a single company has been tremendously rewarding. We worked closely across the two companies, and with our clients, to understand what makes each of us unique in the market so we can continue to meet our primary goal: delivering the highest standards of excellence to all our constituencies-our clients, our employees, and our industry."
An internal joint task force also studied each company's corporate culture and recommended ways to build relationships and trust between the two legacy companies' global employee bases.
"We begin 2011 with a renewed commitment to bringing our already high levels of client and customer satisfaction to new heights by blending our companies' capabilities," said Kelleher. "Our new tagline, `Trusted guidance - for every move you make,' reflects our ongoing determination to continue delivering the most effective mobility solutions and expertise to our many audiences."
During 2010, Cartus was accorded a wide variety of industry-related honors, such as:
Named "Relocation Management Company of the Year" and "Best Vendor Partnership" by the Forum for Expatriate Management
Included on Training Magazine's list of "Top 125 Companies"
Received the Singapore Ministry of Manpower's "Work-Life Achiever Award"
Tapped by the U.S. Postal Service for a "Supplier Diversity Award"
Cartus provides trusted guidance to organizations of all types and sizes who require global relocation solutions. We apply our more than half century of experience to help our clients with their mobility, outsourcing, consulting, and language and intercultural training needs. Honored in both New York and London by the Forum for Expatriate Management in 2010 as "Relocation Management Company of the Year" and "Best Vendor Partner," Cartus is a subsidiary of Realogy Corporation-a global provider of real estate and relocation services. To find out how our greater experience, reach, and hands-on guidance can help your company, visit http://www.cartus.com; read our blog at http://www.cartusblog.com; or click http://www.realogy.com for more information.
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