Compass Minerals Subsidiary Appoints Pool Corporation as Exclusive Wholesale Distributor
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OVERLAND PARK, Kan.--(Business Wire)-- Pristiva Inc., a subsidiary of Compass Minerals (NYSE: CMP), has signed a distribution agreement making Pool Corporation (NASDAQ: POOL) (GSM: POOL) the exclusive wholesale distributor of Pristiva products to the U.S. saltwater pool market. Pristiva is a system of patent-pending specialty products that combines the highest-purity, fastest-dissolving salt with other minerals and additives to address the unique needs of saltwater pools. PoolCorp is the world`s largest wholesale distributor of swimming pool and related backyard products. "PoolCorp serves 38,000 builders, service technicians, and specialty pool retailers. This agreement will make Pristiva more readily available for the more than 1.3 million saltwater pools in the U.S.," said Bob Harper, general manager of Pristiva. Compass Minerals` SureSoft product line for saltwater pools will continue to be distributed through its current distribution network. About Compass Minerals Based in the Kansas City metropolitan area, Compass Minerals is a leading producer of minerals, including salt, sulfate of potash specialty fertilizer, and magnesium chloride. The company provides highway deicing salt to customers in North America and the United Kingdom and specialty fertilizer to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, ingredients used in consumer and commercial foods, and other mineral-based products for consumer, agricultural, and industrial applications. Compass Minerals also provides records management services to businesses throughout the U.K. About Pool Corporation PoolCorp is the largest wholesale distributor of swimming pool and related backyard products. Currently, PoolCorp operates 288 sales centers in North America and Europe, through which it distributes more than 100,000 national brand and private label products to roughly 70,000 wholesale customers. Compass Minerals Peggy Landon, 913-344-9315 Director of Investor Relations and Corporate Communications Copyright Business Wire 2009
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