Fluidra Expands Market Presence with Multi-Company Acquisition
Deal News | Dec 13, 2024 | Iberian Lawyer
In a significant move within the swimming pool market, Fluidra, a global leader in the industry, has acquired a prominent Portuguese group specializing in swimming pool equipment and water treatment. The acquisition includes four companies: NCWG, DINI & LULIO, Ecohdrica, and Kreative Techk. This strategic acquisition was facilitated by the law firm Telles, with a team led by Guilherme Seabra Galante along with associates Catarina Isidro and André Magalhães. This maneuver is expected to strengthen Fluidra’s market position, offering enhanced production and distribution capabilities globally. Fluidra operates comprehensively worldwide with a presence in over 45 countries, supported by an extensive structure of sales offices and production centers. The acquisition underscores Fluidra's commitment to growth and delivering comprehensive services in the pool and water treatment sectors.
Sectors
- Swimming Pool and Water Treatment Equipment
- Legal Advisory
- Mergers and Acquisitions
Geography
- Spain – Fluidra, the acquiring company, is a multinational corporation listed on the Spanish Stock Exchange and headquartered in Spain.
- Portugal – The acquired companies are headquartered in Portugal, making it a relevant geographical region for this transaction.
Industry
- Swimming Pool and Water Treatment Equipment – Focus on companies within the swimming pool and water treatment equipment sector, highlighting the acquisition of companies operating within this niche.
- Legal Advisory – Involvement of law firm Telles in providing legal services for the M&A transaction, demonstrating the industry's role in corporate acquisitions.
- Mergers and Acquisitions – Sector focused on mergers and acquisitions, presented by the corporate transaction between Fluidra and the Portuguese group.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fluidra | Acquiring Company | Company | A multinational group listed on the Spanish Stock Exchange, world leader in the swimming pool market, with operations in more than 45 countries. |
| NCWG, DINI & LULIO, Ecohdrica, Kreative Techk | Target Company | Company | A Portuguese group comprising companies operating in the swimming pool equipment and water treatment sector. |
| Telles | Legal Advisor | Company | A law firm that advised Fluidra on the acquisition, with a team led by Guilherme Seabra Galante. |
| Guilherme Seabra Galante | Lead Counsel | Person | Of counsel at Telles, leading the corporate, M&A, and private equity department involved in the transaction. |
| Catarina Isidro | Associate | Person | Associate in Telles' corporate, M&A, and private equity practice team. |
| André Magalhães | Associate | Person | Associate in Telles' corporate, M&A, and private equity practice team. |
| Leyre Prieto | Partner | Person | Partner and coordinator of the European and competition practice team at Telles. |
| Joana Whyte | Associate | Person | Associate in Telles' European and competition practice area. |