# 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.

- Type: Acquisition
- Announced: 2020-02-03
- Where: Rossville, Tennessee, United States
- Value: $6.30M
- Status: completed
- Products: line shaft turbines, split case pumps, end suction pumps, ANSI-style pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Franklin Electric](https://endata.com/companies/1787.md) (acquirer)
- [CPS Pumps](https://endata.com/companies/6062.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/FRANKLIN-ELECTRIC-CO-INC-9281/news/Franklin-Electric-Co-Inc-acquired-Product-lines-and-Assets-of-CPS-Pumps-LLC-for-6-3-million-34005944/), 2020-02-02: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.