Reece Limited is a specialist distributor and merchant of plumbing, bathroom, HVAC and related building products, selling primarily to trade customers through a large branch network and supporting logistics capability. The group has a long-established market position in Australia and New Zealand and has expanded into the United States, aiming to replicate its trade-focused service model. Its value proposition centres on product availability, branch convenience, and service to professional installers across residential, commercial and infrastructure end-markets.