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Stock impact report

Franklin Electric Announces Execution of Definitive Agreement for the Acquisition of Barnes de Colombia [Yahoo! Finance]

Franklin Electric Co., Inc. (FELE) 
Last franklin electric co., inc. earnings: 4/28 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fri, February 14, 2025 at 2:00 PM GMT+1 4 min read In This Article FELE Franklin Electric Co., Inc. Strategic Acquisition to Enhance Growth in Latin America FORT WAYNE, Ind., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) Fort Wayne, Indiana, USA-based Franklin has signed a definitive agreement to acquire Barnes de Colombia S.A., a leading manufacturer and distributor of industrial and commercial pumps based in Cota, Cundinamarca, Colombia. This acquisition aligns with Franklin Electric's long-term growth and diversification goals, providing significant opportunities for expansion in Latin America. Barnes de Colombia, also operating under the WDM brand in certain countries including the US, is headquartered near Bogotá, Colombia. It has two manufacturing facilities and over eight stocking locations in Colombia, as well as assembly facilities in Mexico, Brazil, and Argentina, and local warehouses in Guatemala, Panama, Ecuador, Peru, and Chil Show less Read more
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