BERKELEY HEIGHTS, N.J.–(Enterprise WIRE)–Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), global designer, producer and marketer of a broad portfolio of pool devices and technologies, now announced the acquisition of Drinking water Will work Technologies Team, LLC (“Water Works”), a maker of drinking water features which include water bowls and sheer waterfalls with LED lights options.
This acquisition follows the recent acquisitions of two web of items (IoT) technological know-how companies, SmartPower and SmartValve. Collectively, these acquisitions even more lengthen Hayward’s foremost position in smart, IoT-enabled technologies developed to deliver bigger control and ambiance to the pool while simplifying relieve of use and expense of ownership.
H2o Is effective manufactures a assortment of h2o bowls in each resin and glass in an assortment of colors and finishes as properly as Sheer Waterfalls. These superior-conclusion drinking water characteristics all have shade illumination through LED lights possibilities which make it possible for Sensible app coordination with other pool, spa or landscape lighting colors and reveals.
SmartPower is a breakthrough LED Lighting controller leveraging a proprietary communication protocol which can make putting in and control of many lights zones in the pool, spa, drinking water functions or landscape easy to configure and use. Personalized lighting consequences and displays are uncomplicated to program, coordinating multiple water features with the pool, spa, and even landscape lights to easily remodel the complete yard. The know-how also offers a powerful financial benefit. This exclusive item architecture provides all the handle with fewer than 50% of the value of working with at this time out there technological innovation. SmartPower is the remedy for standalone cloud-based manage for any new or existing pool or as component of the OmniLogic® ecosystem, Hayward’s major pool and spa automation platform.
SmartValve is an active fluid administration process for intelligent handle of a number of, advanced drinking water features in addition to delivering enhanced hydraulic power efficiency for pool/spa structure. SmartValve will function autonomously as the central drinking water distribution system with cloud-primarily based control of other pool products by way of community control or application. As with SmartPower, the SmartValve technologies will seamlessly integrate with the OmniLogic ecosystem. SmartValve will dramatically simplify tools pad installation with a uncomplicated manifold style appreciably decreasing the total of labor and equipment cost for the installer and the pool owner.
“These a few companies enhance each other and even more increase Hayward’s leading Smart technological innovation answers to improve the ambiance of the pool, spa and backyard. They are fantastic illustrations of harnessing new technological know-how to deliver sustainable, electricity-efficient alternatives to our area,” claimed Kevin Holleran, CEO of Hayward. “SmartPower and SmartValve are equally uncomplicated to use and less high priced to set up, a real win-win for equally the house owner and trade specialist. With OmniLogic and the coupling of our new line of impressive h2o capabilities from H2o Functions, Hayward is top the way with products and solutions reworking the pool and yard atmosphere. We are truly energized to introduce these game-changing new product or service platforms to our buyers and trade associates.”
About Hayward Holdings, Inc.
Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and maker of pool equipment and know-how all crucial to the SmartPad™ conversion approach developed to present a exceptional outside living knowledge. Hayward presents a full line of impressive, power-productive and sustainable household and industrial pool devices, like a entire line of innovative pumps, filters, heaters, automated pool cleaners, LED lights, world wide web of things (IoT) enabled controls, alternate sanitizers and water characteristics.
This launch contains forward-looking statements and information relating to the Enterprise that are primarily based on the beliefs of administration as effectively as assumptions manufactured by, and data at this time obtainable to administration. When applied in this launch, text this kind of as “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “predict,” “project,” “seek” and similar expressions as they relate to us are supposed to discover forward-searching statements. These statements replicate management’s latest views with regard to potential activities, are not assures of future performance and involve risks and uncertainties that are tough to forecast. Additional, specific forward-searching statements are dependent on assumptions as to long term functions that may well not verify to be precise. True final results or events could differ materially from the plans, intentions and anticipations disclosed in forward-searching statements. Hayward has dependent these forward-on the lookout statements mostly on management’s present-day expectations and projections about long run situations and monetary developments that administration thinks could affect Hayward’s small business, economic problem and results of operations. Crucial elements that could have an effect on Hayward’s long term effects and could induce all those final results or other outcomes to differ materially from individuals indicated in the forward-searching statements include the following: our skill to execute on our expansion procedures and expansion alternatives our skill to maintain favorable associations with suppliers and manage disruptions to our global supply chain and the availability of uncooked materials our relationships with and the functionality of distributors, builders, purchasing teams, retailers and servicers who promote our products to pool entrepreneurs opposition from countrywide and international providers, as very well as lower cost companies impacts on our business enterprise from the sensitivity of our company to seasonality and unfavorable economic and business enterprise circumstances our potential to discover rising technological and other tendencies in our focus on conclusion markets our means to create, manufacture and efficiently and profitably sector and sell our new prepared and future items failure of markets to take new product introductions and enhancements the potential to efficiently identify, finance, comprehensive and combine acquisitions our skill to catch the attention of and retain senior management and other qualified personnel regulatory alterations and developments impacting our latest and foreseeable future solutions volatility in currency exchange rates our potential to company our existing indebtedness and get hold of further funds to finance functions and our expansion chances impacts on our enterprise from political, regulatory, economic, trade, and other threats associated with functioning international enterprises our ability to build and manage intellectual house security for our products and solutions, as well as our means to operate our enterprise with no infringing, misappropriating or otherwise violating the intellectual house legal rights of some others the impression of content cost and other inflation the effect of improvements in laws, polices and administrative policy, such as those people that limit US tax benefits or impression trade agreements and tariffs the end result of litigation and governmental proceedings impacts on our enterprise from the COVID-19 pandemic and other threats and uncertainties set forth below “Risk Factors” in the prospectus for Hayward’s original community featuring and in Hayward’s subsequent SEC filings.
The ahead-on the lookout statements in this presentation symbolize management’s views as of the day of this launch. Until required by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these ahead-on the lookout statements for any explanation after the date of this presentation to conform these statements to true outcomes or to improvements in our expectations.