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AKD

PO BOX 59280, 1040 KG AMSTERDAM, NETHERLANDS
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Work +31 88 253 5000
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Fax +31 88 253 5001
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www.akd.nl
Amsterdam, Breda, Brussels, Eindhoven, Luxembourg, Rotterdam

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AKD advises Fluidra on acquisition of majority interest in SIBO

July 2016

On 21 July 2016, the Spanish listed Fluidra Group (IBEX: FDR) has acquired a 70% majority share in the capital of SIBO B.V. With this acquisition, Fluidra will strengthen their profile in Northern-Europe, especially in the Benelux, and focus more on the bio-pool market.

Fluidra is an international market leader in the Pool & Wellness industry. The company produces and distributes pool equipment, PVC pipes and fittings, water treatment products and irrigation supplies. Fluidra currently operates in 45 countries through 150 branch offices and production plants on every continent. The group employs around 4,000 people.

SIBO is a technical wholesale company for (swimming)pond and swimming pool supplies, plastic pipes and fittings and irrigation supplies. With her range of Professional Water Products SIBO serves installers and retailers in more than 50 countries. The complete range consists of more than 5000 products from stock.

AKD’s team was led by Carlos Pita Cao and further consisted of Laura de Jong, David Molenaar, Monique Verkuilen, Shardee Ilaria, Marielle van Winden, Elias van Kampen, Floris van Westhrenen, Vincent Slot, Ivo Vreman and Annette Zwart. KPMG was involved as financial advisor of Fluidra.

KPMG was financial advisor to Fluidra.

Seller was assisted by JanssenBroekhuysen Advocaten and Blacktrace Mergers & Acquisitions.

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