A major property and mortgage brokerage, has been acquired by Casa Group, one of the fastest growing property groups in the north of England.
The seven-figure deal sees Casa Group – which specialises in residential sales, lettings and property management – expand its presence into Scotland for the first time.
John Cox – managing director of the acquired firm Cox & Co, based in Edinburgh – assumes the role of managing director of Casa Group Scotland, spearheading the company’s growth plans north of the Border.
The name Cox & Co will remain unchanged, with operations continuing to be based at the firm’s Edinburgh headquarters. There will be no job losses as a result of the acquisition, .
“Cox & Co has been on an amazing journey, one I am immensely proud of, and becoming part of Casa Group is an exciting opportunity” says Cox.
“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 even 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 really looking forward to what lies ahead.
“We have exciting growth plans and are ready to make even more of an impact as we become the go-to name in property across the country.”
Meanwhile Adele Wright, managing director of Casa Group England, adds: “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.”
Based in County Durham, Casa Group was previously known as the Castledene Group, the rebrand completed earlier this year. It has 11 branches across the north of England, making it one of the largest estate agents in the region.
