"...their only avenue of growth is no longer on our beloved shores!"
After Reece having been in existence for 100 years, and having around 50%-odd market share, and with the second-largest player (with about one-third of the share of the market) badly wounded and under-capitalised, and Reece having spent tens of millions of dollars over the past two years on new, large nation-wide distribution centres, and with the company having just recently entered the HVAC sector,.... after all this happening, some enlightened soul gets up on an online discussion forum and declares:
"That's it, folks. Its all over for Reece!"
Ann: Acquisition - Heatcraft New Zealand, page-6
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|---|---|---|
| $24.43 | 1975 | 3 |
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