Franklin Electric Acquires First Sales, LLC
Franklin Electric Co., Inc. (NASDAQ: FELE) has completed the acquisition of First Sales, LLC, an Indiana manufacturer of water treatment and filtration equipment for the residential and commercial markets. First Sales designs, manufactures and distributes its products under the Sterling Water Treatment and Avid Water Systems brand names, primarily for customers in the United States.
Don Kenney, President of Franklin’s North America Water Systems business unit, commented:
“First Sales has developed industry leading products for the professional installer of in-home and commercial water treatment systems. These products are sold through some of the same channels as Franklin’s existing products, and we look forward to continuing to serve First Sales’ customers with best in class quality, service, availability, innovation and cost.”
For more informaton about First Sales, click here.