Major European Expansion for CASCO Group
CASCO Group have announced serious expansion plans into mainland Europe by way of the acquisition of Korail Group. CASCO Group has acquired the holding company Korail Group and all its subsidiaries. This acquisition means CASCO Group now own the well-known European brand ‘Aquastyl’. This breaking news brings dynamic growth and development for CASCO Group and is very exciting for the industry and all concerned.
CASCO has operated a specialist Pet & Aquatic shop fitting division for many years and is associated with quality and innovation. Aquastyl is synonymous with high-class pet and aquatic shop fittings and installations. Customers of both organisations will benefit from further economies of scale as well as a larger pool of expertise to bring new designs quicker to the market.
The Korail Group acquisition gives CASCO Group an undisputed position of dominance making it the biggest company of its kind in the global pet market and also the largest operator in Europe.
Aquastyl products can be found in a wide range of retail outlets throughout mainland Europe, customers include Truffaut, Jardiland, Bricomarche, Baobab, Animalis, Villaverde and Vive Le Jardin. As with CASCO, the Aquastyl brand is known for state-of-the-art aquarium systems and pet housing. The Aquastyl name means quality, safety and reliability. Products are manufactured in the company’s own factory. The Aquastyl name with its exceptional after-sales service program, keeps the company at the forefront of the industry.
Aquastyl is a highly respected organisation with over 15-years of specialist experience. An investment of €350,000 has just been made in new production machinery. This investment facilitates a greater scale of production bringing improved efficiency, more diversity in design and faster product development.
Matthew Bubear COO in Europe, for CASCO Group said, "We have been looking to expand further into mainland Europe and the acquisition of Korail Group is the best vehicle to achieve this objective. Talks with key personnel at Korail have been taking place for over a year. The fit with their business and ours is amazing”. Matthew added, “The icing on the cake is the unique amalgamation of forces and an exciting cross-pollination of knowledge and products benefiting all our customers around The World. This acquisition is all about further growth and our ongoing expansion. The entire CASCO board are extremely delighted with our future prospects with Korail & Aquastyl”.
Jacques Chapuis Owner of Korail Group said, "Joining with CASCO Group is the best possible outcome for our customers and our employees. With our new partners we can grow our business together at a vastly accelerated rate. I am very pleased for our staff regarding the opportunities they will have for personal development within the new company and I know our customers stand to benefit greatly. Coming together is 15 years of Korail experience in the pet & aquatic sector in Europe and 25 years of CASCO knowledge, to produce something really unique and special!" |