About Reece
Reece is a company based in Melbourne (Australia) founded in 1919. It operates as a Reseller / Distribution. The company has 9,000 employees as of June 30, 2025. Reece has completed 3 acquisitions, including Actrol, Barsco and Pipeline Supplies Australia. Reece offers products and services including Bathroom Supplies, Kitchen Supplies, and HVAC-R Supplies. Reece operates in a competitive market with competitors including Jacuzzi, Autoflo Taps and Decor Brass Australia, among others.
- Headquarter Melbourne, Australia
- Employees 9000 as on 30 Jun, 2025
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Reece Limited
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Annual Revenue
$5.86 B (USD)-1.39as on Jun 30, 2025
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Net Profit
$206.96 M (USD)-24.39as on Jun 30, 2025
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EBITDA
$586.09 M (USD)-10.23as on Jun 30, 2025
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Latest Funding Round
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Investors
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Employee Count
9000
as on Jun 30, 2025
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Investments & Acquisitions
Actrol
& 2 more
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IPO & Listings of Reece
Reece is a publicly listed company on the ASX with ticker symbol REH in Australia, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Reece
Reece offers a comprehensive portfolio of products and services, including Bathroom Supplies, Kitchen Supplies, and HVAC-R Supplies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Bathroom fixtures and fittings are supplied for installations.
Kitchen plumbing products are provided for residential use.
HVAC-R equipment is distributed for commercial applications.
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Software Development Team
41 people
Sales and Marketing
40 people
Manager Team
21 people
Leadership Team
14 people
Brand Team
10 people
Finance and Accounting
9 people
Human Resources and Administration
8 people
Account Team
7 people
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Funding Insights of Reece
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Reece
Reece has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Actrol, Barsco and Pipeline Supplies Australia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of heating, ventilation, air-conditioning, fire protection, and plumbing solutions
|
2019 | ||||
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HVAC-R equipment and services are supplied to businesses.
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1986 | ||||
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Heating, ventilation, air conditioning, and refrigeration solutions are provided.
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1934 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Reece
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reece Comparisons
Competitors of Reece
Reece operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jacuzzi, Autoflo Taps and Decor Brass Australia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hot tubs, swim spas, saunas, and bathroom products are manufactured.
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| domain | founded_year | HQ Location |
Manufactures electronic sensor taps for industries and custom installations.
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| domain | founded_year | HQ Location |
Specializes in manufacturing high-quality cabinets and accessories for washrooms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reece
Frequently Asked Questions about Reece
When was Reece founded?
Reece was founded in 1919.
Where is Reece located?
Reece is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Reece?
Peter Wilson is the current CEO of Reece.
How many employees does Reece have?
As of Jun 30, 2025, the latest employee count at Reece is 9,000.
What is the annual revenue of Reece?
Annual revenue of Reece is $5.86B as on Jun 30, 2025.
What does Reece do?
Reece is engaged in the distribution of bathroom, kitchen, plumbing, and HVAC-R supplies across Australia. Operations are focused on providing solutions for residential, commercial, and industrial sectors. A wide range of products, including fixtures, fittings, and equipment, are supplied to meet diverse customer needs. The company serves as a key supplier in the construction and building maintenance industries.
Who are the top competitors of Reece?
Reece's top competitors include Jacuzzi, Autoflo Taps and Decor Brass Australia.
What products or services does Reece offer?
Reece offers Bathroom Supplies, Kitchen Supplies, and HVAC-R Supplies.
Is Reece publicly traded?
Yes, Reece is publicly traded on ASX under the ticker symbol REH.
How many acquisitions has Reece made?
Reece has made 3 acquisitions, including Actrol, Barsco, and Pipeline Supplies Australia.
What is Reece's ticker symbol?
The ticker symbol of Reece is REH on ASX.