Fluidra to acquire Custom Molded Products from Tenex for $245m.

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.