Reece Limited (ASX:REH) is looking for acquisitions. During the Reece Group Full Year 2026 Results Conference Call, Peter Wilson, Chairman and Chief Executive Officer of Reece Group, said, "Our first priority is to invest in the growth of the business through organic investments and strategic acquisition opportunities." "And it's been a constant looking at M&A opportunities. So yes, definitely, it's part of the strategy now going forward." "So it's a dual strategy there, Keith, and will be for a long time".
Reece Limited is a distributor of plumbing, waterworks and heating, ventilation, air-conditioning and refrigeration products to commercial and residential customers. The Company operates through two geographical segments: Australia and New Zealand (ANZ) and the United States of America (United States). Its plumbing and bathroom products are sourced both locally and internationally. Its bathroom and kitchen products include tapware and accessories, toilets, basins, showers, vanities and furniture, baths, and spas, sinks and troughs, bathroom, and kitchen appliances. Its plumbing products include piping and fittings, hot water systems, tools, valves, roofing, toilets, tapware, and waste. Its civil products include pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, fire, and water tanks. It distributes products to commercial and residential customers through approximately 900 branches in Australia, New Zealand, and the United States.
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Global
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ESG MSCI
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