Investment Summary

Franklin Electric Invests In Pluga Pumps and Motors Pvt.

On August 4, 2014, Franklin Electric invested in machinery company Pluga Pumps and Motors Pvt. for 745M INR

Investment Highlights
  • This is Franklin Electric’s 9th transaction in the Machinery sector.
  • This is Franklin Electric’s 8th largest (disclosed) transaction.
  • This is Franklin Electric’s 2nd transaction in India.

Investment Summary

Date 2014-08-04
Target Pluga Pumps and Motors Pvt.
Sector Machinery
Investor(s) Franklin Electric
Deal Type Stake Purchase
Deal Value 745M INR

Target

Pluga Pumps and Motors Pvt.

Savli,, India
Pluga Pumps and Motors is engaged in designs, manufactures, and distributes groundwater motor and pumping equipment through eleven branch offices located throughout India.

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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 14 of 30
Sector: Machinery M&A 9 of 10
Type: Stake Purchase M&A Deals 6 of 6
Country: India M&A 2 of 2
Year: 2014 M&A 3 of 3
Size (of disclosed) 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 Wadcorpp India Pvt.

Pune,, India

Wadcorpp operates as a distributor of fueling equipment throughout India from a newly constructed facility based in Pune that is capable of also manufacturing certain Franklin Fueling System products.

Buy Rs54M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 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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