Pool Corporation has agreed to acquire National Pool Tile Group, Inc. from Pentair Water Pool and Spa, Inc., a division of Pentair, Inc. National Pool Tile is a wholesale distributor of pool tile and composite pool finishes serving professional contractors in the swimming pool refurbish and construction markets through 15 distribution sales centers.
NPT has annual sales of more than $60 million, with the majority of their sales in the refurbish market.
The transaction is expected to close in March 2008.
Pool Corporation is a wholesale distributor of swimming pool and related backyard products. POOL operates 281 sales centers in North America and Europe, through which it distributes more than 100,000 national brand and private label products to roughly 70,000 wholesale customers.