M&A Deal Summary

Franklin Electric Acquires Pump Brands

On June 25, 2007, Franklin Electric acquired machinery company Pump Brands

Acquisition Highlights
  • This is Franklin Electric’s 3rd transaction in the Machinery sector.
  • This is Franklin Electric’s 1st transaction in South Africa.

M&A Deal Summary

Date 2007-06-25
Target Pump Brands
Sector Machinery
Buyer(s) Franklin Electric
Deal Type Add-on Acquisition

Target

Pump Brands

Johannesburg,, South Africa
Pump Brands, through its wholly owned subsidiary Denorco (Pty) Limited, offers a broad range of pumping system products for the agricultural irrigation, residential, light commercial, industrial, and municipal markets. Locally-manufactured pumps are complemented by alliances with international partners.

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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 2.0B USD (2024)
DESCRIPTION

Franklin Electric provides complete water systems and fueling systems. Its 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 4 of 30
Sector: Machinery M&A 3 of 10
Type: Add-on Acquisition M&A Deals 2 of 22
Country: South Africa M&A 1 of 1
Year: 2007 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-11 Bluffton Motor Works

Bluffton, Indiana, United States

Bluffton Motor Works LLC specializes in manufacturing fractional electric motors up to 5 HP, offering a wide range of customized products to customers in the United States. Market segments served include food & beverage processing, industrial and commercial equipment manufacturers, pumps, and ventilation, among others. Bluffton Motor Works was founded in 2006 and is based in Bluffton, Indiana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-05 Monarch Industries

Winnipeg, Manitoba, Canada

Monarch Industries is an integrated manufacturer and distributor of hydraulic cylinders and custom iron castings. Monarch serves the mobile agricultural, construction and industrial equipment markets. The Company’s products are sold primarily in North America, with a small but growing portion of sales in emerging markets. Customers include the major industrial equipment manufacturers. Monarch Industries was founded in 1935 and is based in Winnipeg, Manitoba.

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