RWC marks 20 years of growth
Reliance Worldwide Corporation (RWC) is celebrating the 20th anniversary of its acquisition of Cash Acme, a volume temperature and pressure valve manufacturer.
The purchase marked RWC’s transition from a private Australian company into a publicly-traded global leader in water control systems and plumbing solutions. Since then the company has grown to more than 1,000 employees in North America, with other brands such as SharkBite, HoldRite and EZ-FLO.
“The acquisition of Cash Acme provided RWC a foothold in the North American market and has greatly contributed to the company’s overarching success these past 20 years,” says Sean McClenaghan, CEO of RWC, Americas. “This strategic move paved the way for organic growth, provided a platform for additional M&A activity and facilitated expanding our manufacturing and distribution capabilities stateside.”