Fluidra

Fluidra is a Spanish pool manufacturer currently part of the IBEX 35, the benchmark index of the Spanish Stock Exchange.

History
Fluidra was founded in 1969 in Barcelona, Spain by four families (Planes, Serra, Corbera and Garrigós), creating the first company called Astral Construcciones Metálicas. Over the years, Fluidra has become an international company with around 7,000 employees working in production centres and sales offices located in more than 45 countries in Europe, North America, Australia, Asia, and Africa.

Fluidra's executive president is Eloi Planes and the CEO is Bruce Brooks.

The company went public on the Spanish stock exchange in 2007.

In November 2017, Fluidra announced its merger with the Zodiac, which would be completed in July 2018.

At the end of 2021, Fluidra's turnover reached 2.2 billion euros with an EBITDA margin of 25%.

In March 2021, Fluidra was included in the IBEX 35.

On May 20, 2024, Fluidra announced the appointment of Jaime Ramirez as Chief Executive Officer.

Business lines
Fluidra works in the pool and wellness sector, manufacturing and distributing equipment to build, upgrade and maintain a swimming pool, i.e. filtration, pumping, disinfection and water treatment, LED lighting, heating, cladding, as well as ornamental elements, together with connected applications (APPs) that allow remote control of the installation.

Controversy
During the 2022 Russian invasion of Ukraine, Fluidra refused to join the international community and withdraw from the Russian market. Research from Yale University published on August 10, 2022, identifying how companies were reacting to Russia's invasion identified Fluidra in the worst category of "Digging in", meaning Defying Demands for Exit: companies defying demands for exit/reduction of activities.