BOSTON, March 22, 2018 /PRNewswire/ -- Crozier Fine
Arts, an Iron Mountain Incorporated (NYSE: IRM) company and the
nation's leading fine art storage and logistics provider, today
announced the acquisition of Artex Fine Arts Services. The
acquisition includes all Artex customer relationships, along with 5
new facilities – located in Washington,
DC; New York; Boston; Fort
Lauderdale, Fla.; and Los
Angeles – and more than 160,000 feet of space, strengthening
Crozier's operational footprint in the
United States. Additionally, Artex CEO John K. Jacobs will join the Crozier leadership
team.
Founded in 1990 by Jacobs and Todd
Herman, Artex offers fine art transportation, storage,
crating/packing, and collection management to museum, gallery,
private and commercial clients. The acquisition will enhance
Crozier's Museum & Institutional offering, combining the
company's reputation for client service and art handling/logistical
excellence with Artex's unique museum services capability. This
offering will include a consulting division that manages large
moves; conservation specialists; a fleet of climate-controlled
vehicles and an optimized logistics routing process;
state-of-the-art and high-security storage warehouses; and five
crate production facilities. Taken together, the combined
capabilities will allow Crozier to meet the needs of the
institutional segment of the fine art world.
In addition to the Artex acquisition, Crozier also announced the
appointment of Tom Hale as senior
vice president and general manager, responsible for Crozier's North
American operations including sales, marketing, IT and human
resources, as well as overall operations and client satisfaction.
Hale joins Crozier from Lisson Gallery in London and New
York, one of the most influential and longest-running
international contemporary art galleries in the world, where he
served as global commercial director. Prior to that, he was vice
president of Sales and Development for UOVO, and worked at
London's White Cube Gallery and
art services firm Momart.
"The acquisition of Artex solidifies Crozier's position as the
leading fine arts service provider in North America," said Ted MacLean, executive vice president, Iron
Mountain. "Bringing these two best-in-class organizations together
gives us a strong network that enables us to service clients across
all major art markets in the US, leveraging the Crozier and Artex
brands and reputation for museum-class services."
Acquired by Iron Mountain in late 2015, Crozier advances the
company's strategy to grow adjacent businesses with its promise of
serving as the trusted guardian of its customers' most precious
assets.
About Crozier Fine Arts
Based in New York, Crozier Fine Arts is an
industry-leader in art storage and an advocate for worldwide
commercial standards. A component of the Adjacent Businesses
segment within Iron Mountain Incorporated (NYSE: IRM), Crozier Fine
Arts provides services that support the art management lifecycle,
from initial purchase to final sale; including secure storage,
climate-controlled vaults, viewing areas, consultation,
installation and project management services, and international
shipping capabilities for art industry professionals and collectors
all over the world. For more information, visit
www.crozierarts.com.
About Iron Mountain
Iron Mountain Incorporated (NYSE:
IRM), founded in 1951, is the global leader for storage and
information management services. Trusted by more than 225,000
organizations around the world, and with a real estate network of
more than 85 million square feet across more than 1,400 facilities
in over 50 countries, Iron Mountain stores and protects billions of
valued assets, including critical business information, highly
sensitive data, and cultural and historical artifacts. Providing
solutions that include information management, digital
transformation, secure storage, secure destruction, as well as
data centers, cloud services and art storage and logistics, Iron
Mountain helps customers lower cost and risk, comply with
regulations, recover from disaster, and enable a more digital way
of working. Visit www.ironmountain.com for more information.
For More Information:
Christian T. Potts
Iron Mountain Incorporated
617-535-8721
christian.potts@ironmountain.com
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SOURCE Iron Mountain Incorporated