Brookfield Asset Management has finalized a $2.8 billion all-cash acquisition of Reliance Worldwide Corporation, a global manufacturer of push-to-connect plumbing fittings and related products. The deal, valued at approximately $3.38 per Reliance Worldwide share, is expected to close in the first quarter of 2027, pending shareholder, regulatory, and government approvals. Reliance Worldwide operates across the Americas, Europe, the Middle East, and Asia Pacific, serving residential and commercial plumbing markets through durable brand relationships and operational efficiencies.
Brookfield Announces $2.8B Acquisition of Reliance Worldwide
Brookfield Asset Management will buy Reliance Worldwide Corporation for $2.8 billion in cash, valuing the ASX-listed manufacturer of plumbing and heating products at $3.38 per share.
LF
Lucas Ferreira · Deals & Startups Desk · 18 Sept 2026 · 20:36 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
LF
Written by
Lucas Ferreira
Deals & Startups Desk
Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.
More from Lucas Ferreira →
