Reliance Worldwide Corp. (RWC) entered into an unconditional agreement to acquire all the issued shares of EZ-FLO International for $325 million. The business is being acquired from interests associated with EZ-FLO’s founder Saleem Lahlouh.
EZ-FLO is a leading manufacturer and distributor of plumbing supplies including plumbing specialty products, appliance supply lines, flexible water connectors, gas connectors and other accessories. Established in 1980, EZ-FLO has grown rapidly by continuously expanding its product range. In 2000, EZ-FLO acquired the EASTMAN brand, a leading brand in large appliance connectors in the U.S. The EASTMAN brand will immediately position RWC as a leader in supporting all those who service major appliance installations including plumbed appliances, gas, hot water and dryer venting.