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05-06-22 | News
"For over 50 years, Holiday Pools and Tri-State Pool Distributors have been the leading providers of swimming pool products and supplies to the tri-state region," said Peter D. Arvan, POOLCORP President and CEO. "The Macri family has established a long history of outstanding customer service to local contractors and retailers. Under Philip Macri's continued leadership, we will provide expanded resources and product offerings focused on further improving service and support to Tri-State's customers. We are pleased to add Tri-State Pool Distributors to the POOLCORP network and expanding into this important marketplace."
"Joining the POOLCORP network will provide broader product opportunities and marketing programs that will enhance our customers' experience," added Macri. "We sincerely appreciate the support from our many customers, vendors and all of our dedicated employees over the years. We look forward to working closely with the POOLCORP team to ensure a smooth transition."
Pool Corporation is the world's largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 414 sales centers in North America, Europe and Australia, through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. 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 2021 Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the Securities and Exchange Commission (SEC).
POOL CORPORATION ACQUIRES TRI-STATE POOL DISTRIBUTORS
Company Announces Acquisition of Wholesale Distributor
POOLCORP is the world's leading wholesale distributor of swimming pool equipment, parts and supplies, and related outdoor living products.
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Pool Corporation (Nasdaq: POOL) announced today that it has acquired the wholesale distribution business of Huntington, WV-based Holiday Pools, Inc. dba Tri-State Pool Distributors. Tri-State Pool Distributors operates one wholesale sales and distribution center in Huntington serving the West Virginia-Ohio-Kentucky tri-state region. Holiday Pools' retail store, also located in Huntington, was not included in the sale and will continue to operate as an independent retail outlet owned and operated by the Macri family.
"For over 50 years, Holiday Pools and Tri-State Pool Distributors have been the leading providers of swimming pool products and supplies to the tri-state region," said Peter D. Arvan, POOLCORP President and CEO. "The Macri family has established a long history of outstanding customer service to local contractors and retailers. Under Philip Macri's continued leadership, we will provide expanded resources and product offerings focused on further improving service and support to Tri-State's customers. We are pleased to add Tri-State Pool Distributors to the POOLCORP network and expanding into this important marketplace."
"Joining the POOLCORP network will provide broader product opportunities and marketing programs that will enhance our customers' experience," added Macri. "We sincerely appreciate the support from our many customers, vendors and all of our dedicated employees over the years. We look forward to working closely with the POOLCORP team to ensure a smooth transition."
Pool Corporation is the world's largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 414 sales centers in North America, Europe and Australia, through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. 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 2021 Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the Securities and Exchange Commission (SEC).
Filed Under: POOLCORP, ACQUISITION, POOLS, LASN
