Pool_Corporation

Pool Corporation

Pool Corporation

American consumer products company

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]

Quick Facts Trade name, Company type ...

In 2020, the company's stock was added to the S&P 500 stock market index.[4]

History

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

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

  1. [1]
    "POOL CORPORATION FORM 10-K 2020". www.sec.gov. Retrieved 2022-07-18.
  2. [2]
    Grant, Tina (2001). International Directory of Company Histories. Vol. 39. St. James Press. pp. 358–360. ISBN 978-1-55862-444-3.
  3. [3]
    Boone, Timothy (2021-11-11). "Pool Corp. to acquire major pool franchisor, creates new growth opportunities". NOLA.com. Retrieved 2023-09-09.
  4. [4]
    Boone, Timothy (2020-10-12). "Pool Corp. added to S&P 500". The Advocate. Retrieved 2023-09-09.
  5. [5]
    "POOLCORP History". POOLCORP. Retrieved 2022-01-22.
  6. [6]
    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.
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