S.R.Smith, LLC announces it has acquired the pool and spa assets of FiberStars, an Energy Focus Company. The purchase brings S.R.Smith a portfolio of LED lighting and control products, which the company will integrate into its industry leading portfolio.
The acquisition of FiberStars provides S.R.Smith an opportunity to expand into a growing segment in the pool industry. “This is an excellent opportunity for S.R.Smith to leverage our integration and product development experience to grow our revenue,” said Rich Laitta, S.R. Smith President & CEO. “LED lighting is in demand and we look forward to taking the product line to the next level.”
FiberStars evolved from a fiber optics manufacturer into a leader in LED lighting technology over its 25 year history. The company’s product line includes a broad range of lighting products including LED lights, water features, wireless and smart phone enabled controllers. The products will be marketed under the brand S.R.Smith Lighting.
S.R.Smith is a worldwide leader of residential, commercial and pool lift deck equipment. Founded in 1932, S.R.Smith is headquartered in Canby, OR with additional manufacturing in Portland, TN. S.R.Smith products are featured on some of the finest pools around the world.