The operation, worth approximately 1 million euros, forms part of Fluidra’s strategy to expand in the commercial pool sector, within the framework of its 2018 Strategic Plan, and will allow Fluidra to take advantage of the firm’s stock, machinery and know-how.
Founded in 1997, Somhidros is a company based in Mataró (Barcelona) with longstanding experience in the design, technological development and installation of ornamental fountains, water features and artificial lakes and ponds, amongst others.
With a clear focus on sustainable innovation, the company’s projects offer low power consumption, as well as the complete recycling of the water used.
Amongst Somhidros’ latest creations, it is worth highlighting the complete renovation of Barcelona’s Montjuïc fountains and the installations at the Puerto Venecia shopping resort (Zaragoza), in addition to numerous international projects in cities such as Moscow, Jakarta, Sochi and Baku, where the company installed the world’s third tallest geyser-type fountain, lifting water to a height of 140 metres. Fluidra has extensive experience in the world of fountains and has worked alongside Somhidros as a strategic partner on many of its projects, such as a number of shopping malls in Russia, for example.
The acquisition of Somhidros’s ornamental fountain business is an operation that falls within the framework of Fluidra’s recently presented 2018 Strategic Plan. In line with this plan, Fluidra anticipates a turnover of 750 million euros as a result of this ambitious growth.
