Franklin Electric to acquire controlling stakes in three US groundwater distributors for $89M

Franklin Electric is acquiring controlling interests in three US professional groundwater distributors: 2M Co, Western Hydro Holding and Drillers Service Inc. The deal is valued at approximately US$89 million including assumed debt.

“Franklin Electric Co Inc is acquiring controlling interests in three distributors in the US professional groundwater market”worldpumps.com

• 1 source
• worldpumps.comPumps Mergers & Acquisitions Review: Q2 2017 - World PumpsJul 18, 2017

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