Research Reports

Key takeaways

Acquired 100% equity in Piertek, Inc. d/b/a Wood Bros Industries, Piertek III, LLC d/b/a Reverse Osmosis Superstore, and Vistar Water Technologies, Inc.

Combined purchase price of $50 million, subject to working capital adjustments.

Acquired Entity specializes in wholesale supply and online retail of water treatment systems, components, and accessories.

Acquired Entity primarily based in Lincoln, Nebraska.

Transaction completed on May 1, 2026.

Full analysis

Franklin Electric Co., Inc. has expanded its portfolio through the acquisition of three operating companies collectively referred to as the Acquired Entity, a specialist in water treatment systems, components, and accessories. The $50 million purchase price, adjustable for working capital, reflects a strategic move to bolster capabilities in wholesale distribution and online retail, with operations centered in Lincoln, Nebraska. This tuck-in acquisition enhances Franklin Electric's presence in the water treatment sector without disclosing further financial impacts or integration plans in the filing.

FELE · Franklin Electric Co., Inc.

Summary

Key takeaways

Full analysis