Latham Pool Products, a large North American manufacturer of swimming pool components and accessories has added to its pool products portfolio with the acquisition of Plastimayd LLC, a manufacturer of swimming pool vinyl liners with facilities in Louisiana and Oregon. In addition to Plastimayd and VynAll liners, the acquisition also includes CoverLogix safety covers.
“We see this as a great marriage,” says Latham president and CEO, Mark Laven. “Latham is proud to be able to provide customers with additional choices by bringing Plastimayd’s well-established, much respected brands under our product umbrella.”
According to Kevin Shea, Plastimayd’s vice-president and general manager, this move will bring a new level of resources, which will his company, employees, and customers.
“We’re excited to be a part of the Latham family,” he added. “Our dealers will be able to continue to sell the brands they and their customers know and trust, while gaining the advantage of Latham’s ‘Cash Back’ program.”
Don Sommerville, Latham’s CMO, added: “This move will strengthen our position in a strategically important segment—aftermarket sales of vinyl liners and safety covers.”
As part of the acquisition, Plastimayd’s manufacturing facilities will join the 21 plants Latham currently operates across the Canada and the U.S., five of which manufacture liners and safety covers.
“By expanding our manufacturing capabilities and geographic footprint, we will be able to offer our customers a wider range of product choices, shorter lead times, and enhanced service,” added Sommerville.
Latham has grown significantly in the past decade after completing several acquisitions. Currently, the company is parent to Viking, Trilogy, and Blue Hawaiian fiberglass pools; package pool brands Pacific Pools, Fort Wayne Pools, Kafko Pool Products, Performance Pool Products, Oasis Pool Products, and Premier Swimming Pool Products; and Coverstar automatic, mesh and solid safety covers.
