Rhne, a global asset management group, announced this morning that it has acquired Zodiac Pool Solutions SAS, as well as its global residential pool and spa business, from the Carlyle Group. The deal includes Zodiac’s premium brands as well as all 1,300 workers worldwide. The agreement’s financial specifics were not disclosed. The purchase is likely to finalize soon, pending regulatory approvals.
The Zodiac leadership team as well as its high-profile brand portfolio, which includes Zodiac Pool, Jandy Pro Series, Polaris, iAquaLink, Cover-Pools, MagnaPool, Caretaker, SAVI, and Nature2, will be acquired.
Rhne was founded in 1996 and focuses on investments in market-leading companies with a pan-European or transatlantic presence and growth potential. The firm, which has offices in London and New York, now invests in a diverse portfolio of businesses, including business services, chemicals, consumer products, industrial products, food, packaging, specialized materials, and transportation.
SAVI, a pool and spa lighting company based in the United States, was acquired by Zodiac in 2014, as was Pool Resources, an Australian distributor of pool chemicals, Two10, a South African producer of pool chemicals, MagnaPool, an Australian company specializing in pool mineral water systems, and SET, a German company specializing in swimming pool heating systems. In 2013, Pool Resources, Two10, MagnaPool, and SET were purchased. In 2008, Cover-Pools, a manufacturer of automatic pool covers in the United States, was also purchased.
“According to Bruce Brooks, Zodiac’s CEO since 2011, “the timing was perfect for new investment from a new partner” because of the company’s exceptional financial performance and growth over the last three years, culminating in a record year in 2016. “We are happy of our company’s accomplishments with Carlyle, and we are looking forward to building on them with Rhne. Rhne is a fantastic partner for Zodiac, which is terrific news for our staff, customers, vendors, and the pool and spa sector as a whole. As we aim to grow Zodiac’s market share across all of its premium brands, we look forward to building on Zodiac’s legacy of excellence to drive even greater technological innovation and quality.
In This Article...
Is Zodiac and Jandy the same company?
Zodiac Pool Systems, Inc. is a global leader in swimming pool and spa equipment and services, and is a part of Zodiac Marine & Pool, S.A.S. Zodiac, Polaris, Jandy Pro Series, Baracuda, Nature2, and Cover-Pools are some of the company’s well-known brands.
Is Zodiac and Polaris the same company?
Zodiac, Polaris, Jandy Pro Series, Nature2, and Cover-Pools are among of the company’s well-known brands.
Is Zodiac based in Australia?
Zodiac Group Australia is the country’s top pool equipment and pool product supplier. Since our inception in 1983, we have supplied Australian pool owners with high-quality, innovative, and user-friendly products.
Our commitment to technical and after-sales assistance ensures complete piece of mind when you purchase a Zodiac pool product. Authorized Zodiac dealers can sell Zodiac goods and provide expert advise on pool equipment installation and maintenance.
Our History
Zodiac has had an interesting 100+ year history from its inception as an aeronautical firm in 1896.
Inflatable boat technology impacted the design of the first Zodiac flexible pool.
Clearwater Products, an Australian manufacturer of salt water chlorinators, has been acquired by Zodiac.
Polaris Pool Systems, a leading supplier of high-quality pool equipment, has been acquired by Zodiac.
Zodiac Marine and Jandy Pool Products of the United States have merged to form Zodiac Marine & Pool.
Premium Quality Pool Chemicals, a prominent chemical provider in Australia, is acquired by Zodiac.
MagnaPool, a mineral alternative to regular salt water pools, is acquired by Zodiac.
Is fluidra the owner of a zodiac sign?
Fluidra’s Background Jandy, AstralPool, Polaris, Cepex, Zodiac, CTX Professional, and Gre are among the company’s many well-known and trusted brands, which it owns and runs in over 45 countries.
Is Jandy still in business?
Zodiac Pool Systems announced on September 28 that their Jandy Pro Series equipment would no longer be offered online as of January 1, 2019. On products purchased online, the company will not give a guarantee and will require that the equipment be installed and/or serviced by a qualified pool professional. Only valves, components, and accessories will be exempt.
“According to Michelle Kenyon, vice president of marketing at Zodiac/Fluidra, “trade professionals are the backbone of our industry, with the training and skills, knowledge and know-how to prescribe to consumers the solutions that are applicable for their particular pool.” “We are convinced that the pool professional is the best fit for our brand, product line, and business.
“Bryan Banta, second generation owner of B&B Pools, a pool service, remodeling, and repair firm in Pompano Beach, Florida, says, “We receive calls on a very regular basis asking us, rather telling us, I can purchase this on Amazon for this amount.” “It’s usually cheaper than what I can get it for in distribution. I’ve already lost the customer’s trust at that moment. Zodiac and Jandy, I believe, are on to something. They recognize the need for assistance in this area and have designed their programs to assist us and provide us with opportunities to succeed.
In 2014, Jandy debuted its Trade Series Exclusive collection, which included two products that could only be purchased through the trade, not online. Each year, new products were introduced to the Trade Series. In 2018, there were 31 skus. “And as we turned the page from 2018 to 2019, we decided to go all in, adds Kenyon. “Our core team has been developing and working on this for several years.
Because all Jandy equipment is labeled as Jandy Pro Series, this new guideline applies to all Jandy equipment.
Is Jandy the same as Pentair?
There are no regional differences. Both are widely available in the United States. It’s fine to do janky things. Pentair’s products appear to be of higher quality, and their business procedures appear to be more ethical.
Jandy was purchased out by whom?
Issy-les-Moulineaux is a town in the French town of Issy-les-Moulineaux. a multinational private equity firm The Carlyle Group and Zodiac Group have announced the merger of Zodiac Group’s Marine division with Jandy Pool Products to form Zodiac Marine & Pool.
Carlyle owns 69 percent of the combined firm, Zodiac owns 27 percent, and the management team, led by CEO Jean-Marc Daillance, owns the remaining 4%. This will be the first investment of Carlyle Europe Partners III, the firm’s third European buyout fund, which just closed with $5.35 billion in commitments.
Zodiac Marine, which owns well-known brands such as Zodiac, Avon, Bombard, Evac, and Polaris, manufactures inflatable and semi-rigid boats, lifesaving equipment, commercial marine sanitation systems, pool cleaners, pool heaters, and other pool care items.
Jandy Pool Products is a pool product creator, producer, and marketer known for its Jandy brand. In April 2006, Carlyle (80 percent) and the Zodiac Group (20 percent) bought Jandy.
Jandy Pool Products has merged with Zodiac Marine’s Pool Care division to form a significant global pool equipment supplier. The new company will be known as Zodiac Marine & Pool and will be based in Issy-les-Moulineaux, France. The company will have one of the most powerful sales forces in the market in the United States.
The CEO of the Zodiac Group, Jean-Louis Grondeau, said:
“We are very pleased with the completion of this transaction, which enables the Zodiac Group to strengthen its acquisition capabilities in the Aerospace sector, to ensure that its successful Marine operations will continue to have the resources necessary for their growth, and to participate with Carlyle in the development of the Marine Segment businesses,” says the company.
The Carlyle Group’s Managing Director, Franck Falzan, said:
“With the acquisition of Jandy in 2006, we are thrilled to continue our successful partnership with Zodiac Group. Within its wide global portfolio of maritime and swimming pool related sectors, Zodiac Marine & Pool has an exceptional track record of profitable growth and possesses a collection of strong brands. We are totally dedicated to the company’s expansion and acquisition plan, and we look forward to collaborating with both management teams to make this merger a huge success.”
Zodiac Marine & Pool CEO Jean-Marc Daillance commented:
“We are delighted that our cooperation with Carlyle, which began over two years ago, has culminated in this announcement, and we warmly welcome Carlyle as our new controlling shareholder. We both have an optimistic outlook on Zodiac Marine & Pool’s future and believe the company has solid long-term possibilities. Zodiac Marine & Pool will benefit from Carlyle’s global network in Europe, the Americas, and Asia, as well as its proven track record of helping its portfolio companies grow organically and through acquisitions. I’m excited to collaborate with Carlyle and Jandy.”
Since 1983, the Zodiac Group has been a publicly traded industrial firm on the Paris Stock Exchange, with a market value of 2.8 billion euros and sales of 2.5 billion euros for the fiscal year ended August 31, 2007. The Zodiac Group is centered on five business segments: Aerosafety Systems, Aircraft Systems, Cabin Interiors, Technology, and Marine. It is best known for its inflatable boats. The Zodiac aviation equipment division, which manufactures a variety of goods ranging from airplane seats to fuel tanks for both commercial and military use, accounts for 74% of sales. The Zodiac Group employs about 16,000 employees across all continents, with the Zodiac Marine business employing around 2,500 individuals.
The Zodiac Marine division accounted for 19 percent of the group’s sales in the fiscal year ending August 31, 2007, as well as 15% of the group’s debt as of August 31, 2006. In both the consumer and commercial divisions, Zodiac Marine enjoys dominant positions in boats and pools. Pool Care, Pools, Marine Recreational Boats, Marine Military/Professional Boats, and two Commercial Marine Equipment sectors: “SOLAS” and Environmental Solutions make up the six business sectors. The Zodiac Marine business has a significant international presence, thanks to steady internal growth and regular acquisitions in key pool and marine markets such as North America, Europe, and Australia.
Pentair vs. Hayward: which is better?
The Hayward EcoStar is more energy efficient, while the Pentair IntelliFlo has an established track record of longevity. Between the two pumps, it’s a toss-up, and it all boils down to personal preference.
Is there a difference between Zodiac and Baracuda?
BARACUDA was introduced in the early 1980s with a completely new diaphragm technology, which set it apart from its competitors by allowing for quieter operation and greater maneuverability. The diaphragm mechanism developed by BARACUDA is still utilized in disc suction pool cleaners today.
From an office in Frenchs Forest, New South Wales, a local Australian began importing and selling BARACUDA in 1986.