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UNITED STATES
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DELAWARE (State or other jurisdiction of incorporation or organization) |
0-26640 (Commission File Number) |
36-3943363 (I.R.S. Employer Identification No.) |
109 Northpark
Boulevard, Covington, Louisiana (Address of principal executive offices) |
70433-5001 (Zip Code) |
Registrants telephone number, including area code: | (504) 892-5521 |
SCP POOL CORPORATION |
Item 2. Acquisition or Disposition of Assets |
On July 31, 2000, SCP Pool Corporation (the Company), a Delaware
corporation, completed its acquisition (the Acquisition) of the business of Superior
Pool Products, Inc. (Superior), a Delaware corporation, pursuant to the terms of the
Asset Purchase Agreement (the Superior Purchase Agreement), dated as of Pursuant to the Superior Purchase Agreement, the Company acquired substantially all of the assets and assumed certain of the liabilities of Superior for a purchase price of approximately $25 million, subject to adjustment. The purchase price was financed by additional borrowings under the Companys revolving line of credit with LaSalle National Bank. The amount of the consideration was determined by reference to the book value of the assets acquired and as a result of negotiations between the Company and Arch. Prior to the acquisition, there was no material relationship among Arch or Superior and the registrant or any of its affiliates, any director or officer of the registrant, or any associate of any such director or officer. The assets acquired from Superior include swimming pool supplies inventory and fixed assets used in the distribution of swimming pool supplies. The Company intends to sell such inventory in the ordinary course of business and to continue to use such fixed assets in the distribution of swimming pool supplies. 2 |
SCP POOL CORPORATION |
Item 7. Financial Statements and Exhibits |
a. b. | Financial statements of businesses acquired and pro forma financial information |
The Acquisition did not meet the significance tests as defined in the instructions for Item 7 of Form 8-K, and therefore, neither financial statements of the business acquired nor pro forma financial information are required to be filed. |
c. | Exhibits |
Exhibit Number 10.1 |
Description Asset Purchase Agreement dated as of June 14, 2000, by and among the Company, Arch Chemicals, Inc. and Superior Pool Products, Inc. |
SIGNATUREPursuant 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 on August 14, 2000. |
SCP POOL CORPORATION By: /s/ Craig K. Hubbard Craig K. Hubbard Chief Financial Officer, Treasurer and Secretary |
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SCP POOL CORPORATION |
Index to Exhibits |
10.1 | Asset Purchase Agreement dated as of June 14, 2000, by and among the Company, Arch Chemicals, Inc. and Superior Pool Products, Inc. (1) |
(1) | Incorporated by reference to the respective exhibit to the Companys Quarterly Report on Form 10-Q for the period ended June 30, 2000. |
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