Reece Group announces completion of International Quadratics acquisition
Reece Limited, Australia’s largest supplier of plumbing and bathroom supplies, has announced that it has acquired commercial swimming pool equipment supplier International Quadratics (IQ) and Dontek Electronics, a supplier of solar controllers for the aquatic industry.
Completed as of 1st November, the publicly-listed Reece Group has advised that both IQ and Dontek will continue to operate as standalone businesses within the Reece Group and will retain existing names and brands.
Geoffrey Bramley, Reece category lead for irrigation, pools, pumps and water treatment, says the acquisition marks an exciting new chapter for the collective businesses, allowing Reece to enhance their presence in the Australian pool industry and become the trades’ most valued partner in pools.
Bramley noted “by joining the Reece family, both the Dontek and IQ brands will have the opportunity to scale and grow through the Reece network.
“We see great potential in the relationships IQ and Dontek have with their existing suppliers and are excited about the opportunities this new direction will bring for our collective businesses.”
With a combined history of more than 150 years, International Quadratics (established in 1976) and Pierce Pool Supplies (established in 1898 as A H Pierce) have been names synonymous within the aquatics and leisure industries.
Both companies merged together in 2008 and for the first time the commercial and domestic aquatic product and service became available under the one roof. The result is one place where a broad range of customers are given a solution to almost all of their aquatic needs.
Established in 1989, Dontek Electronics specialises in solar controllers and has continued with this focus for 33 years to become Australia’s most diverse manufacturer in this field.
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