Franklin Electric Acquires Water Treatment Company
Franklin Electric Acquires Water Treatment Company /EIN News/ -- FORT WAYNE, Ind., April 01, 2021 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that it has acquired Puronics, Inc. and its wholly owned subsidiaries, headquartered in Livermore, California, in an all-cash transaction. Puronics is a residential and commercial water treatment products and services provider operating four company owned service centers and serving approximately 133 independent water quality dealers with approximately 260 locations in 31 states. Puronics’ consolidated annual sales...