Pool Corp Agrees to Acquire General Pool & Spa Supply - Modern Distribution Management

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Pool Corp Agrees to Acquire General Pool & Spa Supply

Acquisition expands Pool's presence in spa parts market.
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Pool Corp (Nasdaq: POOL), Covington, LA, has agreed to purchase General Pool & Spa Supply, Inc., a regional swimming pool and spa products distributor based in Northern California. GPS operates 10 distribution sales centers and has annual net sales of approximately $40 million.

“This transaction will strengthen our market positions and provide opportunities to leverage GPS’ technology platform and spa parts expertise,” says Manuel Perez de la Mesa, president and CEO of POOL. “The company expects that synergies from this transaction will enable the acquisition to be accretive in 2010 and beyond.”

Pool Corporation is a wholesale distributor of swimming pool and related backyard products, with over 280 sales centers in North America and Europe.

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