RWC to Acquire Holman Industries

Reliance Worldwide Corporation Limited (ASX: RWC) (“RWC” or “the Company”) has entered into an agreement to acquire the Holman Industries business (“Holman”) for A$160 million1 (US$105 million). The price reflects a 7.0 times multiple of Holman’s LTM EBITDA2 before synergies. The business is being acquired from interests associated with Holman’s founder Walter (Wally) Edwards.

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