Pentair Water Pool and Spa has strengthened its position in Latin America with the acquisition of Sibrape Indústria E Comércio de Artigos Para Lazer Ltda., and its subsidiary Hidrovachek Ltda., a South American manufacturer of pool products and vinyl liners.
Pentair Water Pool and Spa, a manufacturer/supplier of equipment and accessories for residential and commercial swimming pools in Sanford, N.C., recently acquired Sibrape Indústria E Comércio de Artigos Para Lazer Ltda., and its subsidiary Hidrovachek Ltda., a South American manufacturer/supplier of pool products and vinyl liners.
“This acquisition strengthens our position in Latin America, one of our key fast growth markets,” said Karl Frykman, Pentair Aquatic Systems president. “Sibrape is a 25-year-old company with strong brand equity in the Brazilian market. With our innovation leadership and Sibrape’s critical dealer relationships, we are poised to accelerate product sales and growth throughout the region.”
Sidrape is located in Sao Paulo, Brazil, and according to Pentair, it is recognized as the largest vinyl liner manufacturer and distributor in the country, supplying more than 1,200 retailers throughout Brazil and South America. The company also fabricates filters, pumps, pool accessories and ultraviolet C (UVC) treatment for water and air decontamination.
Although terms of the agreement were not disclosed, the company will continue to operate under the brand name Sibrape and will be positioned within Pentair’s Aquatic Systems platform.
