FDR Fluidra S.A.

Fluidra to Acquire BAC Pool Systems

Fluidra, a global leader in equipment and connected solutions in the pool and wellness sector, has agreed to acquire 100% of BAC pool systems (‘BAC’). The company is a recognized manufacturer and distributor of automatic, manual and safety covers for both residential and commercial pools with operations in Germany and Switzerland.

BAC has a team of around 60 employees and expects FY 2024 sales and adjusted EBITDA to be approximately €13 million and €2.5 million, respectively. With this acquisition, Fluidra strengthens its position in pool covers in Central Europe, a sustainable solution with growing demand as it significantly reduces water evaporation and heat loss in pools, generating savings both in refill water and energy consumption.

Heinz Sommer, Delegate of BAC´s Board of Directors and shareholders´ representative said: “We are delighted to join Fluidra, a global leader in the pool sector that shares our values and vision. This partnership not only secures BAC's long-term success but also strengthens our ability to serve our customers and drive growth in our region”.

“We are excited about this acquisition. BAC will broaden our range of pool covers offering in Central Europe geographically complementing our current market presence, which is primarily in France and Iberia. This transaction is fully aligned with our growth strategy and our commitment to sustainability”, said Jaime Ramírez, Fluidra’s CEO.

The acquisition is subject to customary closing conditions and is expected to be completed in the first quarter of 2025.

Commitment to sustainability

Pool covers prevent water evaporation by up to 90% and save up to 70% of pool heating costs. In addition, they keep debris, dirt and leaves out of the water. Fluidra thus strengthens its strategy, which aims to reach 80% of sustainable products by 2035 by promoting solutions that respect the environment and optimize resources.

About Fluidra

Fluidra S.A. (FDR: SM), is a global leader in equipment and connected solutions in the pool and wellness sector. It is currently listed on the Ibex 35, Spain’s benchmark stock market index, and on the FTSE4Good Index Series, a benchmark index in terms of sustainability. Fluidra can be highlighted for its wide range of innovative connected products and services, all of which are available in the 45-plus countries in which it operates. The company owns a portfolio of some of the industry’s most well-known and trusted brands, including Jandy®, AstralPool®, Polaris®, Cepex®, Zodiac®, CTX Professional® and Gre®.

To learn more about Fluidra, visit

EN
25/11/2024

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Reports on Fluidra S.A.

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INFORME DIARIO 10 ENERO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: CELLNEX, FLUIDRA. EUROPA: AIRBUS. Europa se recupera durante el festivo de Carter Las bolsas europeas fueron de menos a más y lograron cerrar en positivo donde el Ibex 35 y el FTSE 100 fueron los mejores en una sesión sin la referencia de EE.UU. Volvió a ser otro día relativamente positivo para el growth y los defensivos y en el STOXX 600 los mejores sectores ayer fueron R. Básicos, S. Financieros y Farma (todos con subidas superiores al +1,0%) mie...

Research Department
  • Research Department

IBERIAN DAILY 10 JANUARY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: CELLNEX, FLUIDRA. Europe recovers during Carter’s holiday European stock markets closed in positive numbers, where the IBEX 35 and FTSE 100 were the best performers in a session without trading in the US. It was another relatively positive day for growth and defensive sectors, and in the STOXX 600 the best performers were Basic Materials, Financial Services and Pharma (all rising more than +1.0%), whereas Autos and Retail recorded the biggest drops. On the macro side, in the euro ...

Fluidra S.A.: 1 director

A director at Fluidra S.A. bought 167,281 shares at 23.772EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...

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  • Research Department

IBERIAN DAILY 26 NOVEMBER (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: FLUIDRA, TALGO, TELEFÓNICA. EuroSTOXX 50 back above 4,800 points The possibility of new stimulus measures in China and the more moderate messages on the geopolitical front spurred gains in Europe. In the STOXX 600, the best-performing sectors were Consumer Goods and Travel & Leisure, whereas Retail and Energy (Israel and Lebanon would be seeking an agreement to end the war that is dragging down Brent prices) suffered the biggest losses. On the macro side, in Germany November’s IFO...

Research Department
  • Research Department

INFORME DIARIO 26 NOVIEMBRE (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: FLUIDRA, TALGO, TELEFÓNICA. El Euro STOXX 50 recupera los 4.800 puntos La posibilidad de nuevas medidas de estímulo de China y los mensajes más moderados en el plano geopolítico animaron las subidas en Europa. En el STOXX 600, los mejores sectores fueron B. Consumo y Viajes&Ocio mientras que Retail y Energía (Israel y el Líbano estarían buscando un acuerdo para poner fin a la guerra, lo que lastró al Brent), sufrieron las mayores caídas. Por el lado...

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