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Host Europe Group Acquires RedCoruna to Expand its International Operations

London|23 January 2012

Host Europe Group, the leading privately owned hosting group, which incorporates 123-reg, Host Europe, Heart Internet and Webfusion, has today announced the acquisition of RedCoruna, one of Spain's leading web hosting and domain registry companies.

With its impressive year-on-year growth for the past three years and excellent reputation for shared hosting and domain registry services, RedCoruna is a perfect brand fit for Host Europe Group as it looks to expand its European and global reach, and with particular emphasis on Spain as a key market for growth. 

RedCoruna customers will now have access to a larger selection of products and services, previously unavailable to them, including VPS, reseller hosting, Cloud hosting, dedicated servers, new domain extensions, and advanced email services.

Sharing the same cultural values as the Host Europe Group, RedCoruna's dynamic and customer-focused approach to web hosting ensured it was a very appealing proposition.  No redundancies will be made as part of the acquisition and Luis Veiga, Founder of RedCoruna will take on the role as country manager for the Spanish market.

Commenting Thomas Vollrath, CEO of the Host Europe Group, said:
"We have been impressed with the steady growth of the RedCoruna brand. With low churn and high levels of customer satisfaction, it has a customer-centric approach to business retention and development. This energy, coupled with a strong track record in web hosting in Spain, makes RedCoruna an extremely welcome addition to the Host Europe Group."

Luis Veiga Founder of RedCoruna, added:
"This is an exciting chapter in RedCoruna's history as we join one of Europe's leading hosting groups. Together, we will certainly make waves in the Spanish hosting industry and our customers will continue to enjoy a first class offering, but now with a larger selection of products and services at the most competitive prices in Europe."

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