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New Deal


Announced

Completed

Reliance Worldwide completed the acquisition of EZ-FLO International for $325m.

Financials

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Transaction Value£236m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

United States

Single Bidder

Acquisition

Friendly

Capital Goods

plumbing supplies

Private

Cross Border

Completed

Synopsis

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Reliance Worldwide, an Australian-owned publicly listed company which designs, manufactures and supplies water flow and control products and solutions, completed the acquisition of EZ-FLO International, a manufacturer and distributor of plumbing supplies, for $325m. "The EZ-FLO Eastman legacy is one of growth through entrepreneurship, quality, relentless customer service, and brands our customers trust. In joining RWC, we're aligning with a likeminded partner to further accelerate growth and expand our capabilities to benefit our customers and the trade as a whole throughout North America and Latin America," Paul Wilson, EZ-FLO President.

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