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Pool Corporation Acquires Recreation Supply Company05-22-23 | News

Pool Corporation Acquires Recreation Supply Company

Recreation Supply Company is a Wholesale Distributor of Commercial Swimming Pool Products
by Staff

Pool Corporation is the world's largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 425 sales centers in North America, Europe and Australia, through which it distributes more than 200,000 national brand and private label products to roughly 125,000 wholesale customers.

Pool Corporation (Nasdaq: POOL) announced today that it has acquired the operating assets of Bismarck, ND-based Recreation Supply Company. Recreation Supply Company is a wholesale distributor of commercial swimming pool products operating three distribution centers in Bismarck, North Dakota, Bourbon, Missouri and North Haven, Connecticut serving commercial pool customers nationwide.

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"For over 40 years, Recreation Supply Company has been a leading distributor of commercial swimming pool products and supplies to contractors, municipalities and commercial pool facilities throughout the Midwest and broader U.S. pool market," said Peter D. Arvan, POOLCORP President and CEO. "The Haugland family has established a long history of outstanding customer service to commercial pool customers and aquatics facilities under founder Curly Haugland and current CEO, Cal Haugland. Under Cal's continued leadership, we will provide expanded resources and product offerings focused on further enhancing service and reach to our combined commercial pool market customers. We are pleased with adding Recreation Supply Company to the POOLCORP network and expanding our service to the growing commercial swimming pool market."

"Joining the POOLCORP network will provide broader product and customer service opportunities that will enhance our customers' experience," added Haugland. "We sincerely appreciate the loyal support from our many customers, vendors and our dedicated employees over the years. We look forward to working closely with POOLCORP's commercial products team to ensure a smooth transition."

For more information about POOLCORP, please visit www.poolcorp.com

This news release may include "forward-looking" statements that involve risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including impacts on our business from the COVID-19 pandemic, the sensitivity of the swimming pool supply business to weather conditions and other risks detailed in POOLCORP's 2022 Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the Securities and Exchange Commission (SEC).

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