M&A Deal Summary

Franklin Electric Acquires 2M Company

On April 10, 2017, Franklin Electric acquired distribution company 2M Company

Acquisition Highlights
  • This is Franklin Electric’s 4th transaction in the Distribution sector.
  • This is Franklin Electric’s 9th transaction in the United States.
  • This is Franklin Electric’s 1st transaction in Montana.

M&A Deal Summary
Date 2017-04-10
Target 2M Company
Sector Distribution
Buyer(s) Franklin Electric
Deal Type Add-on Acquisition

Target

2M Company

Billings, Montana, United States
2M Company, Inc. is a wholesale supplier of turf, landsacping, water well, irrigation, and other water-related products. 2M was formed in Billings, Montana.

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Buyer(S) 1

Buyer

Franklin Electric

Fort Wayne, Indiana, United States
Category Company
Founded 1944
Sector Electrical Equipment
Employees6,400
Revenue 2.1B USD (2023)
DESCRIPTION

Franklin Electric is a provider of complete water systems and fueling systems. Franklin Electric's principal markets include clean water systems, water transfer and grey water systems, and fueling systems. Franklin serves all corners of the world with more than 14 manufacturing and distribution facilities. Franklin Electric was incorporated in 1944 and is based in Fort Wayne, Indiana.

DEAL STATS #
Overall 17 of 27
Sector (Distribution) 4 of 8
Type (Add-on Acquisition) 10 of 19
State (Montana) 1 of 1
Country (United States) 9 of 17
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 Western Hydro

Hayward, California, United States

Western Hydro Corp. is a wholesale distributor of ground water drilling and pumping equipment for the ground water industry. Western Hydro is based in Hayward, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 Valley Farms Supply

Lansing, Michigan, United States

Valley Farms Supply, Inc. is a professional groundwater distributor operating three locations in the State of Michigan and one in the State of Indiana.

Buy $9M
Mergr

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