Pool Corporation, doing business as POOLCORP, is a publicly-traded American company that manufactures equipment and machinery for swimming pools. As of 2021, it was the largest wholesale distributor of swimming pool and backyard products in the world.[3]
POOLCORP | |
Company type | Public |
Nasdaq: POOL S&P 500 Component | |
Founded | 1980Metairie, Louisiana, U.S. | ,
Founder | Frank St. Romain |
Headquarters | Covington, Louisiana, U.S. |
Key people | Peter D. Arvan, President and Chief Executive Officer |
Products | Swimming pool supplies |
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Total assets |
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Number of employees |
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Subsidiaries | South Central Pool Supply |
Website | www |
Footnotes / references [1][2] |
In 2020, the company's stock was added to the S&P 500 stock market index.[4]
History edit
Pool Corporation was founded in 1980 as South Central Pool Supply by Frank J. St. Romain.[2]
In 1993, the company was purchased by Code Hennessey's & Simmons, and then went through a rapid expansion phase. The company later went public in 1995, renaming itself to the SCP Pool Corporation.[2]
The company renamed to Pool Corporation on May 16, 2006.[5]
Controversies edit
The company was accused by the Federal Trade Commission in 2011 of antitrust practices by pressuring its suppliers to not conduct business with its competitors. The company settled with a consent order which prohibited the company from continuing the practice.[6]
References edit
- ^ "POOL CORPORATION FORM 10-K 2020". www.sec.gov. Retrieved 2022-07-18.
- ^ a b c Grant, Tina (2001). International Directory of Company Histories. Vol. 39. St. James Press. pp. 358–360. ISBN 978-1-55862-444-3.
- ^ Boone, Timothy (2021-11-11). "Pool Corp. to acquire major pool franchisor, creates new growth opportunities". NOLA.com. Retrieved 2023-09-09.
- ^ Boone, Timothy (2020-10-12). "Pool Corp. added to S&P 500". The Advocate. Retrieved 2023-09-09.
- ^ "POOLCORP History". POOLCORP. Retrieved 2022-01-22.
- ^ Banks, Theodore L. (1998-12-01). Distribution Law: Antitrust Principles and Practice. Wolters Kluwer. pp. 5-121–5-122. ISBN 978-0-7355-0268-0.
External links edit
- Official website
- Business data for Pool Corporation: