Brand Specific Forums > Jacuzzi Hot Tubs

jacuzzi rumor?

<< < (2/2)

Dr. Spa™ Ret.:

--- Quote from: soaknit on November 13, 2010, 08:48:48 pm ---I hear that Jacuzzi does not make pool parts anymore, or Jacuzzi pumps and have left the pool business part of their division & home bathtubs as well?

--- End quote ---

This isn't 100% correct, but you'll get the gist of it. "Jacuzzi" has been MORE than a single company for some 20+ years now. The original Jacuzzi consisted of 4 brothers. They split, eons ago, into 3 different companies. Jacuzzi Brothers, Jacuzzi Whirlpool, and Jacuzzi Spas. Jacuzzi Spas (now Jacuzzi Premium) NEVER made pool parts or pumps...Jacuzzi Brothers didn't make spas...Jacuzzi Whirlpool didn't make pumps.

Basically, for over 20 years now the word "Jacuzzi" has only been the first half, of the name, of three completely different companies.

Vanguard:
Apollo Management owns Jacuzzi.  They are a private equity firm.  Apollo Group is a publicly traded for profit education company.  They are the owner of University of Phoenix, which is a for profit college.

Shaamus:
I too thought that Jacuzzi was owned by a private equity group and wasn't publicly traded.  They own quite a few large companies.

Vanguard:

--- Quote from: Shaamus on November 18, 2010, 03:28:17 pm ---I too thought that Jacuzzi was owned by a private equity group and wasn't publicly traded.  They own quite a few large companies.

--- End quote ---

It is privately owned.

Apollo Management is a private equity group. 

Apollo Group is a publicly traded education for profit company. 

They are two separate entities.  One has nothing to do with the other.

soaknit:
so I guess it's safe to go ahead and buy a Jacuzzi Hot Tub? It amazes me what the competition will say about each other. Just when i think I have it figured out..........BAM right in the kisser!

Navigation

[0] Message Index

[*] Previous page