Giants Seal Merger Deal

giants seal merger dealFluidra and Zodiac have sealed the deal on their merger agreement creating a new industry giant. The new company will keep the Fluidra name and remain listed on the Spanish stock exchange.  The combined company has now 5,500 employees, a presence in over 45 countries and a portfolio of the most widely recognized brands in the industry including Jandy, AstralPool, Polaris, Cepex, Zodiac, CTX Professional and Gre.
The mergers on a local level in the different countries will be made gradually, making the maximum effort to transfer the advantages of this merger.
Fluidra will maintain its global headquarters in Sabadell (Barcelona), Spain and North American headquarters in Vista (San Diego), California. As part of the European Commission approval of the transaction, Fluidra will relinquish its Aquatron unit, the Israeli manufacturer of robotic pool cleaners with distribution primarily in Europe. Nevertheless Fluidra will maintain strong global presence across the automatic pool cleaning category, which includes pressure, suction and robotic pool cleaners. Aquatron will continue to serve its customers in a normal way as a leading supplier of robotic pool cleaners. Fluidra Executive President Eloi Planes will remain Executive Chairman of its Board of Directors, and former Zodiac CEO Bruce Brooks will serve as the company’s CEO.