As a global leader in inventory services, RGIS has more than 400 offices in 43 countries. At the end of 1Q07, the company employed 38.000 professionals were working to meet the demands of around 20,000 active customers.
RGIS entered Brazil in 1998 through a joint venture with Semco called Semco RGIS Serviços de Inventários Ltda. In November 2006, RGIS acquired Semco’s stake.
Semco was a great partner. We found each other — they heard of us and we heard of them. They were a great fit. We were family-owned so there wasn’t a lot of red tape; Semco didn’t have a lot of red tape either. We started as 50-50 partners based on a handshake agreement. Semco has a terrific grasp of the business realities in Brazil. We were a success. We wouldn’t hesitate to reconnect with them. As for Brazil — it has been an excellent business environment for us; we’re still there.
— Dan Sheffield
President, Global Customer Service and Business Development