Spanish-headquartered Fluidra (XMAD:FDR), purchased in mid-2019, develops and sells equipment for residential and commercial swimming swimming pools. In addition to completing a prosperous merger with U.S.-primarily based competitor Zodiac, Fluidra has skillfully navigated the pandemic, shifting from lock-down problems handle early in the yr to a swift ramp up of international manufacturing to capitalize on a substantial surge in marketplace desire for pool products.
From David Herro (Trades, Portfolio)’s Oakmark Intl Compact Cap (Trades, Portfolio) Fund fourth-quarter 2020 shareholder commentary.
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