Reliance Worldwide Corporation is an Australian-owned publicly listed company which designs, manufactures and supplies water flow and control products.
At the same time, the new RWC entered the US market with the acquisition of Cash Acme, the world’s largest volume temperature and pressure valve manufacturer.
RWC started promoting its name as Reliance Worldwide Corporation at the AHR Expo in the US, to reflect its growing global reach.
In 2016 RWC became a publicly listed company on the Australian Securities Exchange and reorganised into three geographical regions –Americas; Asia-Pacific; and Europe, Middle East & Africa.
[3] Reliance Worldwide suffered a $970 million plunge in share-market value in February 2020 after a profit downgrade prompted by weak conditions in the UK and Australia.