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Reliance Worldwide completed the acquisition of John Guest for $920m.

Synopsis

Reliance Worldwide, an industrial valve manufacturing company, completed the acquisition of John Guest, a push-in fittings, pipe and plastic plumbing systems manufacturer, for $920m. "We are excited to bring these two great companies together. Our team is genuinely impressed with John Guest’s people and the culture within the organization. We see alignment between our operations, products, and markets which will bring future growth opportunities for the combined group, particularly in the UK and continental Europe," Heath Sharp, RWC CEO.

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