Reece Ltd - Company Profile
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Reece Ltd (Reece) is a distributor of plumbing, waterworks, and HVAC-R products. It offers a range of products including plumbing supplies, bathroom fixtures, heating and cooling systems, and waterworks solutions. The company offers it products under brands including Alape, BWT, Caroma, ENKi, Everhot, Franke, Geberit, GROHE, Henden, Hideaway+, ISSY, Kaden, Kado, LAUFEN, Memo, Milli, Mizu, Nobili, Omvivo, Posh, Rain Bird, Rheem, Rinnai, Roca, STIEBEL ELTRON, Sussex, and Thermann. Reece's products serve residential, commercial, and infrastructure building customers, supporting essential services across various industries. The company's geographic presence spans Australia, New Zealand, and the US, targeting markets in these regions. Reece is headquartered in Melbourne, Victoria, Australia.
Headquarters
Australia
Address
57 Balmain Street, Cremorne, Melbourne, Victoria, 3121
Website
www.reece.com.au
Telephone
61 3 92740000
No of Employees
9,000
Industry
Construction
Ticker Symbol & Exchange
REH (ASX)
Revenue (2025)
$5.9B
-1.4%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-24.4%
(2025 vs 2024)
Market Cap*
$5.9B
Net Profit Margin (2025)
XYZ
-23.3%
(2025 vs 2024)
* As of and is in US$
Reece Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Plumbing | Alape |
| Air Conditioning Units | BWT |
| Rainwater Tanks | Caroma |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, Fortiline Waterworks secured a contract from the LEGO Group to construct a new regional distribution center in Virginia, which is scheduled to open in 2027. This two-million-square-foot facility will be the second distribution center for LEGO in the US. |
| 2025 | Acquisitions/Mergers/Takeovers | In March, Fortiline Waterworks acquired Belair Road Supply. |
| 2025 | New Products/Services | In February, the company inaugurated its new multisite in Bundaberg, Queensland, which features a ‘super branch’ that includes Reece Irrigation & Pools and Reece Civil, thereby introducing two new businesses to the region. |
Competitor Comparison
| Key Parameters | Reece Ltd | Lennox International Inc | Fletcher Building Ltd | AAON Inc | Marbletrend Group Limited |
|---|---|---|---|---|---|
| Headquarters | Australia | United States of America | New Zealand | United States of America | Australia |
| City | Melbourne | Richardson | Auckland | Tulsa | Melbourne |
| State/Province | Victoria | Texas | - | Oklahoma | Victoria |
| No. of Employees | 9,000 | 12,900 | 5,148 | 4,812 | 91,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Wilson | Chairman; Chief Executive Officer | Executive Board | 2024 | - |
| Sasha Nikolic | President; Managing Director | Executive Board | 2024 | - |
| Andrew Young | Chief Financial Officer | Senior Management | - | - |
| James Healy | Chief Executive Officer - Reece - USA | Senior Management | 2024 | - |
| Chantelle Duffy | Secretary | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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