JACUZZI PLUG ENTRY LEVEL GAP

jacuzzi 1Jacuzzi has confirmed it has entered into a definitive agreement to acquire LMI FLA Holdings, Inc. and Leisure Manufacturing a leader in the affordable hot tub market in North America through their Dream Maker and Sunrise Spas brands. The acquisition will allow Jacuzzi Brands to provide a complete range of price points in its hot tub offering. With Jacuzzi Brands’ products, the company says, retailers will now be able to meet the needs of every person who walks into their showroom with the entry-level spas of Dream Maker and Sunrise added to their existing offering of JacuzziTM, SundanceTM, Hydropool Dimension One and Thermospas.

Dream Maker Spas are marketed as the simple, affordable, durable way to enjoy a tranquil spa getaway steps from your home. The Sunrise Spas are offered as both reliable and energy efficient while providing a soothing hydrotherapy experience all at a great value. “The addition of the Dream Maker and Sunrise Spas product lines to our existing portfolio of products allows Jacuzzi Brands to enhance the support we provide to our retailers and to improve the quality of life of many new customers seeking to advance their wellness routine and Feel BetterTM every day,” comments Chuck Huebner, CEO of Jacuzzi Brands. “We are pleased to welcome the experienced design, manufacturing and marketing associates of Leisure Manufacturing to the Jacuzzi Brands family. “Leisure Manufacturing management will continue to be engaged with the business, ensuring existing and new customers receive the same high level of service Leisure Manufacturing is providing today. “This acquisition provides us an excellent platform for continued momentum in the global marketplace.

Further, none of this would be possible without the continued support of our employees, customers and suppliers, who continue to believe in the strength of our brands and our tremendous growth potential.” Jack Layfield, President of Leisure Manufacturing, said: “We are excited to be joining Jacuzzi Brands. Their iconic family of brands and global reach will open many doors for our products across the world and allow us to reach more people who can benefit from our products.”

Jacuzzi Spa and Bath

Tel. 0113 272 7430

www.jacuzzi.com

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