Hayward Holdings, Inc 8-K, filed Jun 3, 2022
Hayward Holdings, Inc. (HAYW)
8-K
2022-06-03
For: 2022-06-02
View Original
Added on
April 12, 2026
About this 8-K
Hayward Holdings, Inc filed this 8-K on June 3, 2022, reporting on events of June 2, 2022.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 2, 2022
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(704 ) 285-5445
(Registrant’s telephone number, including area code)
400 Connell Drive
Suite 6100 Berkeley Heights, NJ 07922
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01. Regulation FD Disclosure.
On June 2, 2022, Hayward Holdings, Inc. (the “Company”) issued a press release announcing the acquisition of certain assets of Halco Lighting Technologies LLC. The acquisition purchase price was $55 million, subject to customary closing adjustments, and is expected to produce approximately $40 million in annual revenues at a margin consistent with the Company’s current financial profile. A copy of the Company’s press release is attached hereto as Exhibits 99.1 and is incorporated herein by reference.
The information furnished in Item 7.01 of this Form 8-K, including the exhibit attached, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| Hayward Holdings, Inc. Press Release, dated June 2, 2022. | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HAYWARD HOLDINGS, INC. | ||||||||
| Date: June 3, 2022 | By: | /s/ Eifion Jones | ||||||
| Eifion Jones | ||||||||
| Senior Vice President and Chief Financial Officer | ||||||||
Hayward® Expands Presence in Outdoor Living Market with Acquisition from Halco Lighting Technologies®
Specialty Lighting Business grows Hayward’s product line both in and around the pool
CHARLOTTE, N.C. – June 2, 2022 -- Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and technology, announced today the acquisition of the specialty lighting business of Halco Lighting Technologies (“Halco”).
Halco’s specialty lighting business includes a robust portfolio of lighting solutions serving the residential and commercial pool, spa, fountain, and landscape lighting market segments. The products are recognized as industry leaders in their respective categories and includes established lighting brands such as ColorSplash®, J&J ElectronicsTM, PureWhite®, and Sollos®. The acquisition reinforces Hayward’s leadership and commitment to the pool and spa lighting business and marks another step in the Company’s entry into the landscape and bulb market.
“We’re excited to bring these lighting platforms into our business and provide customers with the ability to control even more of the yard in the palm of their hand by leveraging Hayward’s leading OmniLogic® automation technology,” said Kevin Holleran, CEO of Hayward. “I’m proud of the Company’s ongoing innovation, and our ability to continue to leverage Omni® through the integration of smart, connected products to deliver ambiance and comfort with our simple to use Omni App. Consumers are excited about unique options to enhance their outdoor oasis.”
OmniLogic, Hayward's cloud-based pool and spa automation platform, has long set the industry standard for pool control and management—including integration with voice-enabled devices (via Amazon® Alexa® and Google Assistant®). OmniLogic plays a central role in Hayward’s innovative SmartPad™ collection of connected equipment, which has been an area of rapid development and growth for the Company in recent years.
“We are proud and excited to see the business enter its next chapter of growth and expansion under Hayward’s ownership,” said Chris Chickanosky, CEO of Halco Lighting Technologies.
This acquisition builds upon Hayward’s strong growth momentum, following the earlier announced acquisitions of Water Works, SmartPower™ and SmartValve. Hayward’s portfolio of technology and products is working to deliver more sustainable, energy-efficient and easy to use solutions for the outdoor space.
About Hayward Holdings, Inc.
Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and manufacturer of pool equipment and technology all key to the SmartPad conversion strategy designed to provide a superior outdoor living experience. Hayward offers a full line of innovative, energy-efficient and sustainable residential and commercial pool equipment, including a complete line of advanced pumps, filters, heaters, automatic pool cleaners, LED lighting, internet of things (IoT) enabled controls, alternate sanitizers and water features.
Investor Relations:
Hayward Investor Relations
908.288.9706
investor.relations@hayward.com
908.288.9706
investor.relations@hayward.com
Media Relations:
Tanya McNabb
tmcnabb@hayward.com
Source: Hayward Holdings, Inc.