REH 0.92% $26.25 reece limited

Ann: Reece Group acquires Todd Pipe & Supply in the US, page-3

  1. 4,720 Posts.
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    Interdasting ........

    9.5 times, versus 16.4 times for Mos.....

    Todd not "high growth" viz:

    https://www.contractormag.com/piping/cm_newsarticle_444


    historically - it appears better margins than Morsco

    Todd has been brought and sold a few times.......


    https://hughessupply.com/we-are-now-hajoca/

    https://www.mdm.com/articles/27728-hd-supply-agrees-to-sell-hvacplumbing-business-to-hajoca

    https://www.ridgidforum.com/forum/g...corporation-purchases-hd-supply-hughes-supply

    looks like REH must have acquired from a major competitor /////

    rgds
    V_H
 
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