- Fluidra ( OTCPK:FLUIF ) reaches agreement to acquire 100% of the Meranus Group, a distributor of pool equipment in Germany, for ~€30M on a cash and debt free basis.
- The Meranus Group has expected revenues for the year ending 31 December 2022 are over €25M.
- This transaction will allow Fluidra to enhance its position in the German market and offer a more comprehensive product portfolio to a wider customer base.
- The transaction is expected to complete in Q1 2023.
For further details see:
Fluidra to acquire swimming pool equipment distributor in Germany for €30M