Brookfield agrees to buy Reliance Worldwide for US$2.8 billion

By Public Technologies
  • Brookfield agreed to acquire 100% of Reliance Worldwide Corporation in an all-cash deal priced at USD 3.38 per share.
  • The offer implies an enterprise value of about USD 2.8 billion for the plumbing and heating products maker.
  • Reliance operates across the Americas, EMEA, Asia Pacific. It is headquartered in the US.
  • Funding to come from Brookfield Capital Partners, supported by affiliate Brookfield Business Corporation.
  • Closing targeted for Q1 2027, subject to shareholder, regulatory, government approvals.


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