What companies does Reece own?

Written by Editorial Team | Last Updated: August 2026

Reece Limited is a leading Australian multinational distributor of plumbing, heating, bathroom, and civil products, serving residential and commercial plumbing trades. To expand its international market footprint—particularly in North America—Reece owns and operates several prominent regional supply companies and specialized distribution networks. Major subsidiary businesses and brands owned under the Reece corporate umbrella include Reece Plumbing, MORSCO, Ferguson-adjacent regional acquisitions, and Viessmann-aligned utility supply partnerships, operating hundreds of specialized branch showrooms and distribution centers across Australia, New Zealand, and the United States.

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Reece Limited, a major Australian multinational distributor of plumbing, bathroom, and HVAC-R products listed on the Australian Securities Exchange, maintains a dividend yield that typically ranges between 1.0% and 1.

Reece Limited records annual consolidated sales exceeding AU8.8billiontooverAU9.

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Reece Limited operates primarily within the wholesale trade and distribution industry, specializing in plumbing, bathroom, heating, ventilation, air conditioning, and civil products.

Equity research analysts tracking Reece Limited (REH.AX) maintain consensus 12-month price targets averaging approximately 15.90 Australian dollars, with individual institutional forecasts spanning from a low estimate of 12.

As of the close of the trading session on July 24, 2026, Regal Rexnord Corp (RRX) stock was priced at $212.74 per share.

Equity research analysts covering Reece Limited maintain a mixed consensus rating, frequently leaning toward a neutral or hold stance as the leading plumbing and bathroom products distributor navigates shifting macroeconomic conditions across Austral...

Reece Limited operates as a major distributor of plumbing and bathroom products in Australia and the United States, exposing investors to specific cyclical risks.

Market consensus recommendations for Reece Limited generally reflect favorable buy or hold ratings among industrial and distribution sector equity research analysts.

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Australia experiences a significant, ongoing shortage of licensed plumbers driven by an ongoing construction boom, infrastructure expansion, and an aging domestic trade workforce.

Master plumbers operating specialized commercial plumbing enterprises, industrial piping contractors, and certified plumbing project managers working on massive infrastructural builds represent the highest earners in the trade.

Equity research analysts covering Reece Limited (ASX: REH) maintain a mixed consensus outlook as the premier trade distributor navigates shifting macroeconomic conditions across Australia, New Zealand, and the United States.

Reece Limited is recognized globally as a massive, highly successful multinational enterprise operating as a premier distributor of plumbing, heating, cooling, and bathroom products.

Major national contractor networks and emergency service groups such as Laser Plumbing and the Mr Emergency Group represent the largest plumbing service providers operating across Australia.

Reece Limited is an Australian multinational company that specializes in the supply of plumbing, bathroom, heating, ventilation, air-conditioning, and civil products to trade professionals and consumers.