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Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sat., Apr. 17, 7:49 AM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #89. Rexnord LWG Specialised Plumbing Products

Acquirer: Rexnord (NYSE:RXN)
Acquiree: LWG Specialised Plumbing Products
Details: Rexnord (NYSE:RXN) today announced that it has acquired the assets of LWG Specialised Plumbing Products (LWG) from Hills Holdings Limited (ASX: HIL). LWG is a leading Australia-based provider of plumbing solutions for the non-residential construction market and has been a distributor of select Zurn brand products for over 20 years. LWG has six warehouse locations throughout Australia and annual sales of approximately $14 million (USD). LWG distributes stainless steel fixtures, tapware, back flow prevention devices, pressure reducing valves and flushing systems.

Rexnord is an industrial company. Co.'s platforms are: Process and Motion Control, which designs, manufactures, markets and services mechanical components including motion control products, shaft management products, aerospace components, and related services under Rexnord®, Rex®, Addax®, Euroflex®, Falk®, FlatTop®, Cambridge®, Link-Belt®, Omega®, PSI®, Shafer®, Stearns®, Highfield®, Thomas®, Centa® and Tollok™ brand names; and Water Management, which designs, procures, manufactures, and markets water control and safety, water distribution and drainage, finish plumbing, and site works products for nonresidential buildings under Zurn®, Wilkins®, Green Turtle® and World Dryer® brand names.

RXN SEC Filing Email Alerts Service

Preferred: RXN.PRA



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Company Name: 
Rexnord Corp (New)
Stock buyback: 
RXN buyback
Website: 
www.rexnordcorporation.com
Sector: 
Industrial Machinery & Equipment
Number of ETFs Holding RXN: 
34
Total Market Value Held by ETFs: 
$819.50M
Total Market Capitalization: 
$5.79B
% of Market Cap. Held by ETFs: 
14.15%
 

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Strong Buy (3.60 out of 4)
62nd percentile
(ranked higher than approx. 62% of all stocks covered)

Analysts' Target Price:
RXN Stock Forecast

Based on Zacks ABR data;
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