Amsterdam’s Storage Share acquires bankrupt peer Boxx, preserving belongings of 4000 people

Amsterdam-based Storage Share, a company that offers storage space throughout the Netherlands, has acquired the bankrupt storage company Boxx, saving the belongings of 4,000 people from being discarded.

This acquisition positions Storage Share as one of the largest players in the growing self-storage market, which is becoming popular as a lifestyle choice for the new generation.

Ernst-Paul Pandelitschka, owner of CERTA Advocaten, says, “After Boxx was declared bankrupt, we were approached by all competitors. We were able to figure it out quickly with Storage Share. It is a young company that has made its mark in the self-storage market in a short time. About four thousand Boxx tenants will be relieved of their worries with this restart.”

What’s next?

Storage Share will take over eight Boxx locations and keep two additional locations open temporarily, while excluding three from the restart. 

With its branches mainly in the Randstad and fewer in the rest of the Netherlands, Storage Share’s acquisition of Boxx’s locations—primarily in greater Amsterdam—boosts its presence.

Julian Doorten and Niels van Eck started Storage Share in the summer of 2016, creating a platform to connect space providers with people seeking storage solutions, from rooms to garages. 

Since then, the company has helped over 14,000 tenants find storage space and expanded across the Netherlands, offering safe, clean, and dry storage spaces with “best service”.

Currently, Storage Share operates over 50 branches with around 5000 tenants, and its turnover will nearly double with the addition of Boxx’s 4000 tenants.

Julian Doorten, co-owner of Storage Share, says, “For us, the tenants were and are our top priority. If it had not been restarted, all tenants would literally be on the street with their stored belongings.”

“All attention is now focused on a smooth transition of all tenants. A monster job with four thousand similarities. Once that has been completed, we will start leasing the former Boxx buildings so that we can help new customers. The next phase is that we will continue to expand within the Boxx locations.”

Doorten further adds, “Customer satisfaction is our priority. We are known for being fast and handling cases well. Yesterday I spoke to a former Boxx customer on the phone and he said that the attention from Storage Share felt like a warm bath. He wasn’t used to that.”