OASE acquires EDEN
The OASE Group, with its headquarters in Hörstel, Germany, has acquired EDEN S. r. L. Italy. The aim of this acquisition is to expand the innovation potential of OASE and broaden the Group's activities into the business field of “aquarium products”. The terms of the transaction were not disclosed.
For many years EDEN has been known as an esteemed manufacturer of high quality and innovative products in the field of aquarium products and water gardens. With its advanced technology, the products are manufactured in Cartigliano, northern Italy.
Ansgar Paul, CEO of OASE, commented:
“We have know EDEN for many years and are convinced of their innovation power and their flexibility”. Being the market leader in the business fields Water Gardens, Fountain Technology and Lake Management, we consider EDEN to be the ideal partner to strengthen our existing business areas and, particularly to broaden our expertise in adjacent fields.”
Samuele Lolato, Director of EDEN, added:
“With OASE we are sharing our passion for water and are really looking forward to a closer cooperation with this fascinating company. Furthermore, we are convinced that OASE is the perfect match for our further development.”
This transaction was supported by Equistone Partners Europe, Munich, in accordance with OASE's growth strategy. The financial investor has been advising the main shareholders of the OASE Group since 2011.
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