# Franklin Electric acquires New Aqua for $150 million

Franklin Electric acquired New Aqua, a water treatment business with more than 230 employees and 590 independent dealers in the US, in an all-cash transaction valued at $150 million.

- Type: Acquisition
- Announced: 2021-05-20
- Where: Indianapolis, Indiana, United States
- Value: $150.0M
- Status: completed
- Products: residential and commercial water treatment equipment, drinking water equipment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Franklin Electric](https://endata.com/companies/1787.md) (acquirer)
- [New Aqua](https://endata.com/companies/55287.md) (target)

## Sources

- [supplyht.com](https://www.supplyht.com/articles/104034-franklin-electric-acquires-new-aqua), 2021-05-20: "Franklin Electric announced it has acquired New Aqua and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million."
- [waterworld.com](https://www.waterworld.com/residential-commercial/article/14307462/franklin-electric-co-inc-franklin-electric-completes-acquisition-of-new-aqua-llc), 2021-05-20: "Franklin Electric Co. Inc. announced 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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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.