Davey Water Products, Australia's leading developer and manufacturer of water pumps and systems for rural, metropolitan, industrial, pool, and spa markets, is acquiring Perth-based Monarch Pool Systems, effective 3 July 2006.
As the leading developer, manufacturer and supplier of a comprehensive range of products for the swimming pool industry. Monarch is one of the industry innovators, having been at the forefront of technological developments in salt water chlorination.
Monarch has a broad customer base including some of Australia’s leading pool builders and has significant presence in the aftermarket through a national network of pool shops and dealers.
Monarch's expertise in salt water chlorination has provided the platform for the growth of a substantial export business, especially in the USA, Europe and South Africa.
Monarch’s philosophy reflects that of Davey Water Products – a strong research and development focus aimed at bringing innovative and superior products to market, recognition of the importance of branding and a desire to generate above average financial returns.
Monarch will operate as an autonomous business unit within the Davey Water Products group, focusing on customers in the swimming pool industry. The current management team will remain in place.
Davey Water Products is a member of the GUD Holdings Limited group. The acquisition of Monarch, following that of Spa-Quip and Contamination Control in 2004 and 2005 respectively, underlines GUD's intent to grow its businesses with commonsense, value creating acquisitions.