Krystal Financial announces its new partnership with the Coast Spas group of companies

Krystal Financial Corp. is excited to announce its new partnership with Don Elkington, a founder of Coast Spas and a leading innovator in the hot tub industry.  The partnership allows for the retirement of Don’s business partner and brings Don a new partner that will help the company continue to build towards becoming the leading brand of premium spas globally.  Mr. Elkington explains, “It wasn’t an easy process to select a new partner to replace a long-standing and successful one.  It was an important decision for the entire Coast Group of Companies and wasn’t taken lightly as we had to ensure the continued success and growth of the Coast Spas brand globally.  We did our due diligence and took our time throughout this process to ensure the right partnership was formed.  We are very pleased with welcoming Krystal Financial as partners as they are a great fit for Coast Spas.  They’ve partnered with other successful local businesses, which was really important to us.  We are impressed with their flexibility, relationship-based long-term business philosophy and their diverse background in the many elements that are critical to business success.  We are truly excited about the future with Krystal Financial and the involvement, insight and guidance they will provide on strategic planning, investment, finance, and operational improvements to achieve our goals of expansion and continued growth worldwide.”

 

About the Coast Spas Group of Companies

Coast Spas Group of Companies consists of Coast Spas Manufacturing (“CSM”) and Coast Spas Lifestyles (“CSL”).  CSM manufactures a complete range of hot tubs and swim spas in Langley, BC for distribution to a global network of independent Coast Spas dealers that form an integral part of the Coast Spas business.  CSM has built a reputation for bringing high quality and innovative products to market since 1996 and is considered to be one of the industry’s leaders with more than 200 established retail partnerships in 43 countries worldwide.  CSL, with its focus on unparalleled customer service and an unforgettable in-store experience, supplies customers with all of their outdoor lifestyle needs, including furniture, accessories and most important of all, the full range of Coast Spas.  CSL is located just blocks away from CSM on the Langley Bypass.

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