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Private | |
Industry | Plumbing manufacturing |
Founded | 1915 |
Founder | Rachele, Valeriano, Joseph, Francesco, Gelindo, Giocondo, Candido Jacuzzi |
Headquarters | Chino Hills, CA |
Area served | Worldwide |
Products | mattresses, hot tubs, bath tubs, showers, toilets, sinks and accessories |
Owner | Apollo Management |
Number of employees | 4,907 |
Subsidiaries | Sundance Spas, ThermoSpas |
Website | Jacuzzi.com |
Jacuzzi is a corporation that today produces toilets, whirlpool bathtubs, and hot tub spas. Its first product was a portable hydrotherapy unit that sat in the bath. Later, the jet that was used in the portable unit was incorporated into the wall of a swimming pool and later adapted to the wall of a fiberglass bath tub. JACUZZI is a federally registered trademark of Jacuzzi Inc. as of September 5, 1978.[1]
Founded in 1915 by seven Italian brothers from Casarsa della Delizia in Northern Italy,[2][3] 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.[4] 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. In 1921, Giocondo Jacuzzi, a pilot, and two company employees were killed when one of their planes crashed in Modesto.[5] By 1923, the company was styled as Jacuzzi Bros Propellers, with headquarters at 1450 San Pablo Ave.[6]
The company survived to become a whirlpool and bubble bath manufacturer, with the name Jacuzzi eventually becoming synonymous with the bath products regardless of manufacturer.
In October 2006, Apollo Management, a large private equity firm, announced a $990 million leveraged buyout of Jacuzzi Brands.[7]
In 2008, Jacuzzi moved its world headquarters to The Shoppes at Chino Hills, California.[citation needed]
In May 2012, Jacuzzi Group Worldwide acquired the assets of ThermoSpas, a Wallingford, Connecticut-based manufacturer of spas and hot tubs.[8]
The company sponsors the athletes of the American skiing team, their training facilities are equipped with Jacuzzi hot tubs and hydromassage equipment.[9][10][11][12]
In 2017, Jacuzzi LLC acquired Hydropool Hot Tubs and Swim Spas, and BathWraps.[13]
This article uses material from the Wikipedia article "Jacuzzi", which is released under the Creative Commons Attribution-Share-Alike License 3.0. There is a list of all authors in Wikipedia
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