A North East property company has expanded operations into Scotland after acquiring an Edinburgh company.
Casa Group, which is based in Seaham, County Durham, has acquired Edinburgh-based property and mortgage brokerage Cox & Co, in a seven-figure deal.
John Cox, managing director of Cox & Co, assumes the role of managing director of Casa Group Scotland, and the firm’s name will remain unchanged. Casa Group Scotland will continue to serve clients across Edinburgh, Glasgow and Scotland’s Central Belt
Casa Group was previously known as the Castledene Group but was rebranded earlier this year. It has 11 branches across the north of England. Its brands include Hegartys in Houghton-le-Spring, Woodacre Homes in Newcastle and Red Hot Sales and Lettings in Prudhoe, Northumberland.
Adele Wright, managing director of Casa Group England, said: “We are delighted to welcome Cox & Co into the Casa Group family. This acquisition allows us to expand our services into Scotland while benefiting from the local knowledge and reputation that John Cox and his team have built over the years.
“This marks an exciting new chapter for Casa Group, enabling the group to expand while making sure Cox & Co’s clients continue to receive the same trusted service they have relied on.”
Cox & Co was originally set up in 2014 through the amalgamation of two family companies – Mr Cox’s father’s mortgage brokerage and his own jointly-owned letting agency.
Mr Cox said: “We have built a strong reputation serving buyers, sellers, investors and renters of properties and with the backing and resources of Casa Group, we can build on our success and extend our services to benefit more clients across Scotland. The acquisition also allows us to roll out our financial services proposition and property investment arm into England and I’m looking forward to what lies ahead.”
