James Cowper Kreston’s Corporate Finance team provides transaction support to Pollet Pool Group on their acquisition of Golden Coast Ltd

The Corporate Finance team at James Cowper Kreston recently provided financial and tax due diligence to Pollet Pool Group for their acquisition of Golden Coast Ltd.

Barnstaple-based Golden Coast Ltd is the UK’s largest independent distributor of swimming pool and spa components and accessories.  Golden Coast now becomes part of the international Pollet Pool Group after 45 years as an independent distributor to the wet leisure industry in the UK but will continue to trade under its own brand.

Headquartered in Belgium, Pollet Pool Group consists of nine distribution companies and two manufacturers. It is part of the Pollet Group, which has offices in 17 countries and is active in three markets: water treatment, swimming pools and the medical industry. Both Golden Coast and the Pollet Group are second-generation family-run businesses.

Brad McAvoy, Corporate Finance Partner at James Cowper Kreston said “We were delighted to work with Pollet Pool Group on this strategic acquisition.  The acquisition has allowed Pollet Pool Group to expand its operations in the UK wet leisure market alongside its existing PPG UK/Ireland business with a business of a similar family-run culture.”