Operations

Empire International and CLS Worldwide Merge

LCT Staff
Posted on March 2, 2005

NORWOOD, N.J. and LOS ANGELES – Empire International Ltd. and CLS Worldwide Services, LLC announced the establishment of GTS Holdings, Inc., a holding company that will combine the assets of the two companies. Empire and CLS will continue to market their own independent brands, but will utilize and share the operational efficiencies of both companies. The combined organization will operate as GTS Holdings, Inc., and will be based in Norwood, N.J. David Seelinger, currently president and CEO of Empire, will serve as CEO and Chairman of GTS. Leon Reitzenstein, president and COO of CLS, will continue in the same role for GTS.

Empire International serves the travel needs of major corporations in more than 550 cities around the world, through its affiliate network. CLS provides chauffeured transportation services to the private aviation industry and 5-Star hotel properties worldwide. Through the integration of its existing resources, combined with the network of company-owned offices, GTS will be able to broaden the company’s global capabilities.

Empire currently has company-owned offices in New York City; Norwood, N.J.; Atlanta; Los Angeles; San Francisco; and a regional sales office in Dallas. CLS Worldwide Services has company-owned offices in Los Angeles, New York City, San Francisco and Aspen, Colo., and a service center in Columbus, Ohio.

“We are truly excited about this historic event for both of our companies,” said Seelinger, the majority stockholder and chairman of the new company. “We are harnessing the power of two of the industry’s most trusted brands, which will enable us to provide an unprecedented level of service and geographical coverage to our customers.”

Reitzenstein said, “We look forward to offering the services and resources of our two organizations and leveraging each of our strengths in providing first-class chauffeured transportation services."

For more information, call (201) 784-1200 or visit www.empire-int.com.

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