Cartus Relocation Acquires Primacy Relocation
Realogy Corporation, a global and domestic provider of real estate and home relocation services to transferees world-wide, is proud to announce that Cartus has acquired Primacy Relocation in a major move. Realogy is the parent company of real estate franchise brands such as Coldwell Banker and The Corcoran Group on the East Coast. Translation: more relocation Buyers & sellers for Coldwell Banker & Realogy companies across the United States and global relocation arena.
Cartus will now have a 40% market share of all relocation business - as a comparison, #2 Prudential has approximately 10% market share.
Primacy, which has approximatelly 700 employees operating in 25 offices located throughout the Americas, Asia and Europe, serves a number of U. S. Government agencies, Fortune 500, and 1000 and Global 100 corporations, as well as smaller emerging-market organizations.
Cartus has long been the leader in global relocation services - their acquisition of Primacy now positions them as the #1 Leader in Transferee Relocation Services world-wide. This acquisition also positions Cartus as a major service provider to the government sector.
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