Fluidra opens a branch in Cyprus
January 16, 2008-
The opening of this branch corresponds to the group’s international expansion strategy in emerging markets.
The Spanish multinational group Fluidra has opened a branch in Cyprus, as part of their international expansion strategy in emerging markets. The new branch, which belongs to the AstralPool holding, began its operations this January, to be dedicated to the distribution of the group’s accessories and components.
The objective of this new branch is to take advantage of the expectations for growth in the sector in Cyprus, especially when it comes to residential swimming pools. The Fluidra branch will be managed by Nicos Xenis, who has a large knowledge base precisely in this area. Fluidra expects to bill in the range of 2.6 million Euros in the Cyprian market and to maintain a 20% growth.
“We begin the year by broadening our international presence, which confirms our strategy of expansion and constant growth”, affirms Fluidra’s CEO, Eloi Planes.