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Reliance Worldwide Corp roars down the IPO pipe

Tim BinstedReporter

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Unless you work in the plumbing game, the first time you heard of Reliance Worldwide Corporation was probably when its $1 billion plus float prospectus hit the market.

The plumbing supplies group has flown under the radar as it grew from a humble single-site operation to an international operation with more than 800 employees, annual sales in excess of $500 million, and 11 manufacturing facilities.

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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.

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    Original URL: https://www.afr.com/business/reliance-worldwide-corp-roars-down-the-ipo-pipe-20160420-goakvu