Franklin Electric Acquires Cat Pumps, Expanding Commercial and Industrial Flow Control Platform
Franklin Electric has acquired Cat Pumps, a provider of high-pressure pump technology known for its industry-leading brand in commercial and industrial end markets focused on high-uptime applications. The acquisition expands Franklin Electric's flow control platform with complementary high-pressure technology.
Why it matters — FELE watchers would care because the acquisition broadens the company's commercial and industrial flow control portfolio with complementary technology and an established brand in growing end markets.