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Top News In பிராங்க்ளின் மின்சார இணை இன்க் Today - Breaking & Trending Today

Franklin Electric Completes Acquisition of New Aqua, LLC


Franklin Electric Completes Acquisition of New Aqua, LLC
Franklin Electric Co., Inc.
Fort Wayne, Indiana, UNITED STATES
Provides FE with Water Treatment scale, brand strength, geographic presence, and greater access to critical water quality dealer channel.
Expands Water Treatment product portfolio of both residential and commercial offerings and enhances competitive position in a highly fragmented end market.
Creates a new FE growth platform that can leverage product development, operational and supply chain efficiencies, and potential for geographic expansion.
Total consideration of $150 million.
Anticipated to be accretive to 2021 earnings per share (EPS).
FORT WAYNE, Ind., May 17, 2021 (GLOBE NEWSWIRE) Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that it has acquired New Aqua, LLC and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, ....

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Franklin Electric Announces Board of Director Changes Including the Election of Mr. Alok Maskara as Director of the Company


Home / Top News / Franklin Electric Announces Board of Director Changes Including the Election of Mr. Alok Maskara as Director of the Company
Franklin Electric Announces Board of Director Changes Including the Election of Mr. Alok Maskara as Director of the Company
FORT WAYNE, Ind., May 07, 2021 (GLOBE NEWSWIRE) The following changes have been made to the Board of Directors of Franklin Electric Co., Inc. (NASDAQ: FELE).
David T. Brown has retired as a director of the company effective May 7, 2021 having reached the maximum Director age limit established by the Company’s by-laws. Mr. Brown has served as a director since 2008 and has contributed immeasurably to the success of the Company through his vast experience and vision. The Board and Company thank Mr. Brown for his service and wish him the best in all future endeavors. ....

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Domestic Booster Pump Market size Witness Comprehensive Growth size 2026


Domestic Booster Pump Market size Witness Comprehensive Growth size 2026
Domestic Booster Pump Market size Witness Comprehensive Growth size 2026
BriefingWire.com, 5/05/2021 -
Global Domestic Booster Pump Market was valued US$ Bn in 2017 and is expected to reach US$ Bn by 2026, at a CAGR of % during a forecast period.
Rising construction activities in the residential sector across globally. In developing countries rising development of the residential sector and increasing population & urbanization will boost the market of a domestic booster pump. The Residential Homes/Flats segment is estimated to hold the largest share of the market during the forecast period.
A multi-stage booster pump is estimated to hold the largest share of the market in the forecast period. Increasing urbanization and rising construction activities are growing the market of a multi-stage pump. Multi-stage pumps are used for supply wa ....

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Franklin Electric Co Inc (FELE) Q1 2021 Earnings Call Transcript


Operator
Good morning, ladies and gentlemen, and welcome to the Franklin Electric reports First Quarter 2021 Sales and Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
I would now like to turn the conference over to your host, Mr. John Haines, Chief Financial Officer.
John J. Haines
Vice President, Chief Financial Officer
Thank you, Stacey, and welcome everyone to Franklin Electric s first quarter 2021 earnings conference call. With me today is Gregg Sengstack, our Chairperson and CEO. On today s call, Gregg will review our first quarter business highlights and I will review our first quarter financial results in more detail. When I m through, we will have some time for questions and answers. ....

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