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RWC signs $160M acquisition of Holman Industries

Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.