Franklin Electric acquires CPS Pumps product lines and Rossville plant for $6.3M

Franklin Electric acquired the product lines, assets and manufacturing process of CPS Pumps, LLC in Rossville, Tennessee for $6.3 million, with the Rossville employees joining Franklin Electric. The business will be integrated into its Global Water unit.

“The transaction also includes the acquisition of current manufacturing process in Rossville, Tennessee of CPS Pumps, a full portfolio of line shaft turbines, split case, end suction, and ANSI-style pumps.”marketscreener.com

• 1 source
• marketscreener.comFranklin Electric Co., Inc. acquired Product lines and Assets of CPS Pumps, LLC for $6.3 million. | MarketScreenerFeb 2, 2020

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