Hayward® Industries, Inc. Acquires Poolvergnuegen
Adding Poolvergnuegen pool products to the Hayward portfolio offers greater value and choice for customers throughout global swimming pool markets.
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ELIZABETH, N.J., (December 27, 2013) - Hayward Industries, Inc., a global leader in swimming pool products, announced that effective December 20, 2013, they acquired Poolvergnuegen, a leading manufacturer and marketer of pool cleaners.
Hayward Industries Chief Executive Officer Robert Davis said, “We are delighted about acquiring Poolvergnuegen. The company has developed a wonderful business with a strong presence in the Western U.S. and certain international markets. Outstanding technology, robust and reliable products, together with a clear customer focus has enabled Poolvergnuegen to grow into a leading company in the pool cleaner category. The addition of Poolvergnuegen products is highly complementary and synergistic to Hayward’s product portfolio and global footprint, offering our customers greater choice and value.”
This transaction supports Hayward’s long term strategic development plan for expanding globally and strengthening of its product line, especially in its core space of automatic pool cleaners.
Davis further commented, “Poolvergnuegen and its brand ‘The PoolCleaner’ are recognized for their technology, quality and innovation. We believe that by combining resources, expertise and technology we will see further strengthening of the brand and accelerated growth with our joint customer base.”
Poolvergnuegen President and Chief Executive Officer Dieter Rief said, “We are excited to see Poolvergnuegen enter its next phase of growth within the Hayward family. We have respected Hayward for many years and expect that our products will grow even faster as part of this global business.”
About Hayward Industries, Inc.
Hayward has been a global leader in the development and marketing of swimming pool equipment for both residential and commercial applications for almost fifty years.
The company manufactures and markets the Totally Hayward® System of advanced pool equipment designing innovative solutions to enhance the swimming pool experience. Our eco-friendly Hayward Energy Solutions® products employ advanced energy efficient technology to deliver environmentally responsible products with lower cost of ownership. Hayward Flow Control serves industrial and commercial markets requiring robust, state of the art control products for managing a diverse group of liquids in process and water treatment applications.
Hayward Industries is headquartered in Elizabeth, N.J. For more information, contact Hayward at 908-351-5400.