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  5. Franklin Electric Acquires PumpEng

M&A Deal Summary

Franklin Electric Acquires PumpEng

On February 20, 2025, Franklin Electric acquired machinery company PumpEng

Acquisition Highlights
  • This is Franklin Electric’s 10th transaction in the Machinery sector.
  • This is Franklin Electric’s 1st transaction in Australia.

M&A Deal Summary
Date 2025-02-20
Target PumpEng
Sector Machinery
Buyer(s) Franklin Electric
Deal Type Add-on Acquisition

Target

PumpEng

Perth, Australia
PumpEng is an equipment manufacturer of submersible pumps targeted to the mining sector. The company offers a targeted portfolio of dewatering pumps under recognized brands, including JetGuard®, Guardian®, and Raptor®. All PumpEng products are assembled in Australia in ISO 9001/14001 and ATEX-certified manufacturing facilities. PumpEng was formed in 2000 and is headquartered in Perth, Western Australia.

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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 30 of 30
Sector (Machinery) 10 of 10
Type (Add-on Acquisition) 22 of 22
Country (Australia) 1 of 1
Year (2025) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-14 Barnes de Colombia

Cundinamarca, Colombia

Barnes de Colombia is a manufacturer and distributor of industrial and commercial pumps. Barnes de Colombia is based in Cundinamarca, Colombia.

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Mergr

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