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The acquisition values Taylor at $78 million.
November 3, 2021
Fluidra announced it has acquired Taylor Water Technologies LLC, a US-based manufacturer of water-testing solutions.
Taylor joins Fluidra’s family of brands, including Jandy, Polaris, iAquaLink, and SR Smith.
Founded in 1930 and based out of Sparks, Maryland, Taylor is the recognized leader in water-testing kits and reagents in the residential and commercial pool segments.
With a catalog of nearly 600 test-kit configurations, its products are carried by over 400 distributors throughout the US, Canada, and Mexico with growing positions outside of North America. The previous 12 month’s sales totaled $26 million with an EBITDA of $8.5 million.
“This is an important acquisition for Fluidra and will greatly enhance our offering,” said Bruce Brooks, CEO of Fluidra. “Taylor is the most trusted name in water testing within North America, and its expertise, coupled with Fluidra’s track record of delivering new equipment and IoT solutions, will pave the way for future innovations that make managing water care easier for both pool professionals and pool owners.”
“We each bring unique expertise as part of the large, multi-segment pool market and are focused on combining those building blocks to provide best-in-class solutions for our customers," added Stephen Heard, CEO of Taylor.
Following the acquisition, Taylor will continue to operate independently as a business within Fluidra.
Heard will continue to lead Taylor as its SVP and GM and will report to Troy Franzen, president of Fluidra North America. The Taylor team and its base of operations will remain in Maryland.
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