Home HCR Ltd acquires the trading assets of Phoenix Relocation Services Ltd

HCR Ltd acquires the trading assets of Phoenix Relocation Services Ltd

Press Release: February 17, 2010

HCR have employed the ex. Phoenix staff in order to provide a continuous relocation service to the clients affected by the Phoenix collapse. It could have been a nightmare for Phoenix clients as their employee rents and utilities would go unpaid and unmanaged, properties in a Guaranteed Sales Price scheme would go missing and general administration simply not be dealt with reported the Business Development Director, Adrian Leach. We have the systems, the management and the financial stability to support Phoenix clients at this difficult time.

When we heard of the problems Phoenix were encountering I felt compelled to step in to help the staff and the clients, said HCRs MD, Andrew Finney. He noted, HCR has been in the relocation industry for 28 years and I know that we can provide continuity in service and a substantial improvement in management to clients who would otherwise be in dire straights. The blend of the Phoenix service delivery team and the HCR specialist teams will provide an unbeatable combination of passion, talent and successful management that will benefit all our clients, and we are looking forward to the challenges ahead.

Notes to editors

For more information, please contact:

Simon HoodSimon Hood

Tel: 01256 81270001256 812700

Email: shood@hcr.co.ukshood@hcr.co.uk

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