Herbert Smith Freehills advises Reliance Worldwide Corporation on its acquisition of John Guest in the UK and associated equity raising and debt financing in Australia
Herbert Smith Freehills has advised Reliance Worldwide Corporation Limited (RWC) on its GBP687.5 million (A$1.22 billion) acquisition of John Guest Holdings Limited (John Guest) in the UK, as well as the Australian equity and debt financing arrangements for the acquisition.
RWC is a leading global manufacturer and supplier of premium-branded engineered water delivery, control and optimisation products and solutions for residential and commercial plumbing applications and is the leading manufacturer in the world of brass push-to-connect (PTC) plumbing fittings.