BOTHELL, WA – HaloSource, Inc. (HAL.LN, HALO.LN), the global clean water technology company traded on London's AIM, is pleased to announce that it has signed a strategic supply agreement with Fluidra, S.A. (“Fluidra”), to accelerate the delivery of HaloSource’s enhanced recreational water solutions into the European and Australian pool and spa markets, for an initial term of up to three years. Fluidra is a multinational group listed on the Spanish Stock Exchange which develops applications for the sustainable use of water.
This agreement provides Fluidra with the exclusive rights to distribute certain HaloSource Recreational Water products into specified key European countries, excluding the UK, providing Fluidra meets certain minimum purchase levels over three years.
Fluidra is a world leader in the supply and distribution of systems and components for both private and public swimming pools (in ground and above ground pools) and wellness facilities. Fluidra operates in 41 countries by way of 150 branches and production centers located in the main markets. Fluidra products are distributed to more than 170 countries due to an established and extensive sales network and effective marketing reach.
Fluidra has provided solutions for professionals and the general public alike for over 40 years and their products are distributed in specialty shops, hardware stores, fitters and large retail premises. Every year over 25,000 professionals use the products distributed by the various brands with which Fluidra operates (AstralPool, Certikin, CTX, Gre, etc.), and 25% of all new swimming pools that are built in the world include some of Fluidra’s products.
CEO of HaloSource, Martin Coles, commented:
“We are delighted to have secured a strategic supply agreement with another large and well-respected multinational company such as Fluidra, which further validates our ability to deliver innovative products and technologies. Fluidra’s number one position in the European swimming pools and wellness facilities market, coupled with its world-class global sales and distribution network make it the ideal partner for HaloSource, from which pool and spa owners will benefit.
“In addition, our companies shared values around the sustainable use of water provides a firm foundation for building an impactful long-term partnership. We look forward to working closely with Fluidra and developing this important relationship.”
Marc Pérez, Director Pool & Wellness, Fluidra, added:
“Fluidra is committed to bringing leading and innovative pool and spa products and technologies to our customers in Europe and globally in order to deliver the best solutions in the most effective way. We are pleased to have signed this agreement with HaloSource, which will help ensure that we continue to be the international benchmark for the sustainable use of water.”