MoveAgain takes over Movinga

(CONNECT) Zurich-based MoveAgain AG is acquiring the German moving platform Movinga, which has run into financial difficulties. "David takes over Goliath" writes the Swiss relocation platform in a corresponding press release. By integrating the much larger company Movinga, MoveAgain aims to become the leading digital relocation service provider in Europe. No details of the purchase price are given in the announcement.

Movinga is active in Germany, Austria, France, Sweden and Switzerland. "By pooling our expertise and focusing on service quality, we are creating a platform on which we can offer our customers even more efficient and seamlessly integrated services," MoveAgain CEO Dominic Schütz is quoted as saying in the press release. Movinga from Cologne is to be retained as a brand under the MoveAgain umbrella. As a first step, MoveAgain plans to integrate the Movinga portal in Switzerland and Germany by the end of the year. France, Sweden and Austria will gradually follow later. ce/hs