Reliance Worldwide Corporation Ltd - Company Profile
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Reliance Worldwide Corporation Ltd (RWC) is a designer and manufacturer of plumbing and heating solutions for domestic, commercial, and industrial applications. The company offerings include plumbing fittings, piping and related products; temperature and pressure relief valves; thermostatic mixing valves, tempering valves and thermostatic cartridges; water meters, and hydraulic fittings. It also offers plastic push-to-connect plumbing; engineered plumbing and mechanical solutions; smart home water monitors, and leak detection technology and automotive and original equipment manufacturing solutions. RWC offers products through its brands, including SharkBite, JG Speedfit, HoldRite, Reliance Valves, John Guest, CashAcme, and MultiSafe. The company has operations in the Americas, Asia Pacific, Europe, Middle East, and Africa. RWC is headquartered in Melbourne, Victoria, Australia.
Headquarters
Australia
Address
Level 26, 140 William Street, Melbourne, Victoria, 3000
Website
www.rwc.com
Telephone
61 3 83521400
No of Employees
2,257
Industry
Construction
Ticker Symbol & Exchange
RWC (ASX)
Revenue (2023)
$1.2B
EPS
XYZ
Market Cap*
$2.7B
Net Profit Margin (2023)
XYZ
-4.3%
* As of and is in US$
Reliance Worldwide Corporation Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Fittings | SharkBite |
| Pipes | JG Speedfit |
| Cartridges | HoldRite |
| 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 |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company signed an agreement to acquire the Holman Industries business for US$105 million. |
| 2023 | Contracts/Agreements | In September, RMC Reliance Valves and Galvin Engineering entered into a partnership to introduce Lead Safe CliniMix Healthcare Thermostatic Mixing Valves (TMV). |
| 2023 | New Products/Services | In March, the company launched SharkBite Max and PEX-a pipe. |
Competitor Comparison
| Key Parameters | Reliance Worldwide Corporation Ltd | Fortune Brands Innovations Inc | Geberit AG | Limbach Holdings Inc | Guangzhou Seagull Kitchen and Bath Products Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | United States of America | Switzerland | United States of America | China |
| City | Melbourne | Deerfield | Jona | Warrendale | Guangzhou |
| State/Province | Victoria | Illinois | - | Pennsylvania | Guangdong |
| No. of Employees | 2,257 | 11,729 | 11,041 | 400 | 5,234 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Heath Sharp | Chief Executive Officer; Managing Director; Director | Executive Board | 2016 | - |
| Andrew Johnson | Chief Financial Officer | Senior Management | 2020 | - |
| Gillian Chandrasena | Chief People Officer | Senior Management | 2022 | - |
| Edwin de Wolf | Chief Executive Officer - EMEA | Senior Management | 2017 | - |
| Stuart Crosby | Chairman | Non Executive Board | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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