Announced
Financials
Sources
Tags
Private Equity
Building Materials: Other
pool and spa components
Acquisition
Pending
United States
Majority
Private
Single Bidder
Domestic
Friendly
Synopsis
Fluidra, the Spanish listed global leader in pool and wellness equipment and connected solutions, agreed to acquire Custom Molded Products, a Georgia-based manufacturer of pool and spa components, from private equity firm Tenex for $245m. With this acquisition, Fluidra will rapidly expand its offering in several strategic growth categories, such as fast-growing alternative sanitizers, white goods to support its Jandy equipment range and dedicated spa equipment, a substantial adjacent segment and opportunity for the company.
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