Acquisitions · Global mobility data
Relo Group to buy 92.99% of global mobility data firm AIRINC
- Buyer
- Relo Group (Tokyo)
- Target
- Associates for International Research (AIRINC), Massachusetts
- Value
- About ¥2.08B for 92.99%
- Status
- Agreed on September 13, 2016; completion was planned for September 30, 2016.
- Date
- 2016-09-13
Relo Group agreed to buy 92.99% of Associates for International Research (AIRINC), a Massachusetts company that provides data and advice for companies sending staff abroad. The price was about ¥2.08 billion.
Why it matters
The deal adds cost-of-living and pay data to Relo's relocation services for multinational companies.
Sources
Kakehashi M&A News home
