M&A Deal Summary

Rinnai Australia Pty Acquires Brivis Climate Systems Pty

On December 15, 2014, Rinnai Australia Pty acquired consumer products company Brivis Climate Systems Pty from GWA for 49M USD

Acquisition Highlights
  • This is Rinnai Australia Pty’s 1st transaction in the Consumer Products sector.
  • This is Rinnai Australia Pty’s largest (disclosed) transaction.
  • This is Rinnai Australia Pty’s 1st transaction in Australia.

M&A Deal Summary
Date 2014-12-15
Target Brivis Climate Systems Pty
Sector Consumer Products
Buyer(s) Rinnai Australia Pty
Sellers(s) GWA
Deal Type Divestiture
Deal Value 49M USD

Target

Brivis Climate Systems Pty

Braeside, Australia
Brivis Climate Systems Pty Ltd. engages in designing and manufacturing climate systems in Australia for 50 years.

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Buyer(S) 1

Buyer

Rinnai Australia Pty

Braeside, Australia
Category Company
Founded 1971
Sector Consumer Products
DESCRIPTION

Rinnai Australia Pty Ltd. engages in the manufacturing, development of advanced heating and hot water systems.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

GWA

Pinkenba, Australia
Category Company
Founded 1992
Sector Furniture
Employees629
Revenue 412M AUD (2023)
DESCRIPTION

GWA is Australia’s supplier of building fixtures and fittings to households and commercial premises. GWA was founded in 1992 and is based in Pinkenba, Australia.

DEAL STATS #
Overall 1 of 3
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 2
Country (Australia) 1 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-04 API Services and Solutions Pty

Alexandria, Australia

API Services and Solutions Pty Ltd. is a supplier of safes, locks, alarmas and locksmithing services.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 Gliderol International Pty

Holden Hill, Australia

Gliderol International Pty Ltd. is a manufacturer and supplier of garage doors in Australia.

Sell -
Mergr

Product

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