Investment Summary

Franklin Electric Invests In Impo Motor Pompa Sanayi Ve Ticaret A.S.

On May 2, 2011, Franklin Electric invested in machinery company Impo Motor Pompa Sanayi Ve Ticaret A.S.

Investment Highlights
  • This is Franklin Electric’s 7th transaction in the Machinery sector.
  • This is Franklin Electric’s 1st transaction in Turkey.

Investment Summary

Date 2011-05-02
Target Impo Motor Pompa Sanayi Ve Ticaret A.S.
Sector Machinery
Investor(s) Franklin Electric
Deal Type Stake Purchase

Target

Impo Motor Pompa Sanayi Ve Ticaret A.S.

Izmir,, Turkey
Impo Motor Pompa Sanayi Ve Ticaret A.S. is a supplier of groundwater pumping equipment in Turkey.

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Investor(S) 1

Investor

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 9 of 30
Sector: Machinery M&A 7 of 10
Type: Stake Purchase M&A Deals 3 of 6
Country: Turkey M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-16 Vertical

Italy

Vertical specializes in the design, development and manufacture of pressed and welded stainless steel pumps and pump components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-07 Pioneer Pump Holdings

Canby, Oregon, United States

Pioneer is a manufacturer of large, engine-driven centrifugal pumps used for dewatering in oil and gas, municipal, construction and mining applications.

Buy -