Matthew Bubear Acquires CASCO Europe

Specialist pet and aquatic shop fitter, CASCO Europe, is now totally owned by its CEO Matthew Bubear following a recent acquisition of all issued share capital from the US shareholders. CEO Matthew Bubear is now in total control of the European operation. Bubear launched CASCO Europe in 1997 on the back of the US model and the businesses have worked closely since that time with some co-ownership and further acquisitions in Europe. The announcement regards Europe has quickly followed that of the sale of CASCO in the US to North American Pet Products (announced in January). Putting CASCO Europe solely in the hands of Matthew Bubear is a positive development as it will allow the European Division to progress freely with its individuality in providing innovation in design and an unrivaled standard of customer care.

The acquisition will allow for greater focus on the needs of the European market and on keeping CASCO Europe individual and original in its product development and service delivery to its customers. Asked about the management buyout Bubear said, “Whilst the US is a good business we felt there was a widening divide between the two companies and their objectives. Whilst the US focused on purely volume of business, CASCO Europe has always been customer led, innovative with a passion for producing high quality products. For us it is always been about the customer, something that has not always been achieved by our US division”.

Existing CASCO Europe operations will remain unchanged, but the rate of innovation will gather momentum and the dynamic development of the business. The new found independence will also allow for a more prominent exposure across the whole of Europe to give CASCO Europe products and services greater exposure. CASCO Europe is set to continue to go from strength to strength.