Rahul Sharma (Editor)

Jacuzzi

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Private

Area served
  
Worldwide

Net income
  
$40.4M (2006)

Number of employees
  
4,907

Industry
  
Plumbing manufacturing

Revenue
  
$1,202.4M (2006)

Founded
  
1915


Products
  
mattresses, hot tubs, bath tubs, showers, toilets, sinks and accessories

Headquarters
  
Chino Hills, California, United States

CEO
  
Robert I. Rowan (1 Apr 2013–)

Founders
  
Candido Jacuzzi, Gelindo Jacuzzi, Giuseppe Jacuzzi

Parent organizations
  
REXNORD LLC, Apollo Global Management, RBS GLOBAL INC

Subsidiaries
  
ThermoSpas, Jacuzzi Inc.

Profiles

Jacuzzi Brands Corp. ("Jacuzzi") is an Italian-owned multinational corporation that produces whirlpool bathtubs and hot tub spas. Its first product was a bath with massaging jets.

Contents

Its name has become a generic trademark, used as a term for hot tubs.

History

Founded in 1915 by seven brothers, led by Giocondo Jacuzzi, Jacuzzi and Brothers made wooden propellers under military contracts, based at 2043 San Pablo Avenue, Berkeley, California. In 1920 the brothers also dabbled briefly with aircraft design and manufacture, with a single-seat monoplane and a seven-seat cabin monoplane. Both aircraft were noted for their use of laminated wood products for fuselage manufacture, but were essentially unsuccessful, with only one of each type being built. By 1923 the company was styled as Jacuzzi Bros Propellers, with headquarters at 1450 San Pablo Ave.

The company survived to become famous as the whirlpool and bubble bath manufacturer of today, with the name Jacuzzi becoming synonymous with the bath products regardless of manufacturer.

Current activities

In October 2006, Apollo Management, a large private equity firm, announced a $990 million leveraged buyout of Jacuzzi Brands.

In 2008 Jacuzzi moved its world headquarters to The Shoppes at Chino Hills, California.

In May 2012, Jacuzzi Group Worldwide acquired the assets of ThermoSpas, a Wallingford, Connecticut-based manufacturer of spas and hot tubs.

Jacuzzi aircraft

Jacuzzi 1920 Single Seater Monoplane 1
Powered by a converted Ford Model T engine.
Jacuzzi 1920 Single Seater Monoplane 2
modified aircraft with re-designed tail unit and powered by a Roberts 4-X engine
Jacuzzi J-7 Reo

References

Jacuzzi Wikipedia


Similar Topics