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Stock impact report

Franklin Electric Expands Latin American Footprint With Barnes de Colombia Acquisition: Details [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
1 min read In This Article FELE Franklin Electric Expands Latin American Footprint With Barnes de Colombia Acquisition: Details Franklin Electric Co., Inc. (NASDAQ: FELE ) has signed a definitive agreement to acquire Barnes de Colombia S.A., a key producer and distributor of industrial and commercial pumps. This acquisition aligns with Franklin Electric's strategy to strengthen its presence in Latin America. Deal terms were not disclosed. Based near Bogotá, Barnes de Colombia also operates under the WDM brand in certain regions. The company 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 Chile. The acquisition strengthens Franklin Electric's product portfolio and expands its presence in key Latin American markets. Barnes de Colombia's established operations across the region are expected to accelerate growth while su Show less Read more
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