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 ...

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