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Franklin Electric Completes Acquisition of New Aqua, LLC Franklin Electric Co., Inc. Fort Wayne, Indiana, UNITED STATES Provides FE with Water Treatment scale, brand strength, geographic presence, and greater access to critical water quality dealer channel. Expands Water Treatment product portfolio of both residential and commercial offerings and enhances competitive position in a highly fragmented end market. Creates a new FE growth platform that can leverage product development, operational and supply chain efficiencies, and potential for geographic expansion. Total consideration of $150 million. Anticipated to be accretive to 2021 earnings per share (EPS). FORT WAYNE, Ind., May 17, 2021 (GLOBE NEWSWIRE) Franklin Electric Co., Inc. (NASDAQ: FELE) announced today 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, subject to customary adjus

United statesJohnj hainesGregg sengstackDon kenneyJohn ackermanCompany securitiesCompany quarterly reports on formCompany annual report on formExchange commissionFranklin electric co incWater treatmentNew aquaAqua systemsFranklin electricChief executive officerWater systems