Corsie Group has acquired Kaloss International, the supplier of health and beauty products, for £0.4m, and will relocate the business from Chesterfield to Musselburgh. Kalos distributes a range of products, including health supplements, UV and non-UV tanning products, and has over 450 customer accounts. AIM-listed Corsie specialises in the assembly and sale of products and services to the leisure market and has recently launched www.spashop.co.uk, a website retailing luxury beauty products. "This is an exciting bolt-on opportunity for the Corsie Group and is a further step in implementing the group's strategy of becoming a major force in the distribution of leisure and well-being products. The overheads of Kaloss will belargely absorbed within the Group's Musselburgh operation." said David Matthewson, chairman of Corsie Group.
