Covington-based Pool Corp. has moved into the Australian market after buying a majority stake in a Brisbane-based swimming pool and spa equipment distributor.
As part of the Pool Systems Ltd. deal, Pool acquired Niagara Pool Supplies, a Sydney-based distributor of pool products.
Terms of the acquisition were not disclosed. The deal allows Pool to jump into the large Australia market, said Manny Perez de la Mesa, Pool’s president and chief executive officer.
Pool Corp. is the largest wholesale distributor of swimming pool and related backyard products. The company has 329 sales centers in North America, Europe, South America and Australia, through which it distributes more than 160,000 national brand and private label products to more than 80,000 wholesale customers.