Mississauga, Ontario based hot tub manufacturer Hydropool Hot Tubs Incorporated has been purchased by American giant, Jacuzzi Brands LLC, for an undisclosed price. The acquisition deal was completed on June 29, 2017.
Hydropool, founded in 1970, started out as a commerical swimming pool firm. Over the years, the company’s strong attention to detail and its focus on customer service saw them move into the hot tub and swim spa market. Hydropool had a following not only in Canada, but around the globe.
Jacuzzi Brands LLC is headquartered in Chino Hills, California. According to CEO Bob Rowan, Jacuzzi believes “[This] transaction…provides us an excellent platform for continued momentum in the global marketplace,”. Based on news reports, Jacuzzi plans to leave the management team of Hydropool in place, as the businesses are set to operate independently.