GWA Group Limited (“GWA”) was listed on the Australian Stock Exchange on 20 May 1993, and comprised the business divisions of Caroma, Sebel, Rover, T H Martin and Poolrite.
These businesses were previously owned by Queensland’s Anderson family who privatised the former public company, GWA Limited, in 1989.
GWA has grown significantly since listing through the growth of its businesses, as well as through acquisitions. The following is a history of the acquisitions and divestments of the Group since listing:
Gainsborough Hardware Industries Limited was acquired in June 1995, and has become a market leader in a comprehensive range of door security products and door handles.
The T H Martin business was sold in September 1996.
GWA acquired the James Hardie Bathroom Products Division in March 1997. As a result, Fowler sanitaryware, Irwell taps and Dux hot water systems were added to the Group’s range of products.
Poolrite Equipment Pty Ltd was sold in June 1999.
GWA acquired the Email Kitchen and Bathroom Products Division in March 1999, which included Clark stainless steel sinks and Dorf tapware.
Wisa Beheer BV of the Netherlands was acquired in June 1999. Wisa designs and produces cisterns and plastic bathroom products. Wisa operates in the Netherlands and Germany.
The Stylus Bathroom and Kitchen Products business was acquired in March 2001. The Stylus range of products includes baths, spa baths, sanitaryware
Austral Lock was acquired in January 2009. Austral Lock is a leading Australian manufacturer of locks for the residential security door and patio door markets.
Brivis was acquired in April 2010. Brivis is a leading Australian designer, manufacturer and distributor of ducted climate systems for the residential market.
The Rover Mowers business was sold in April 2010.
The Wisa Beheer business was sold in May 2010.
The Australian garage door and opener business of Gliderol was acquired in January 2011. Gliderol is a leading manufacturer and distributor of garage doors and openers for the residential and commercial markets.
The Sebel Commercial Furniture business was sold in September 2011.
The Caroma North America business was sold in December 2011.
API Locksmiths was acquired in October 2012. API is a supplier of safes, locks, alarms and locksmithing services to major commercial enterprises.
Dux Hot Water business was sold in December 2014.
Brivis Climate Systems business was sold in February 2015.