Franklin Water Treatment Acquires Assets of Action Manufacturing & Supply, Inc.

December 15, 2023

https://www.globenewswire.com/news-release/2023/12/04/2790424/11167/en/Franklin-Water-Treatment-Acquires-Assets-of-Action-Manufacturing-Supply-Inc.html

FORT WAYNE, Ind., Dec. 04, 2023 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ:FELE) announced today that its wholly owned subsidiary, Franklin Water Treatment, LLC, has acquired the assets of Action Manufacturing & Supply, Inc., a manufacturer and wholesale distributor of residential water conditioning, filtration, and indoor/outdoor aeration systems since 1980 with operations in Florida and North Carolina. The operating results of the acquired business will be reported in the company’s Water Systems business segment.

Read more at globenewswire.com

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