Acquiring Company
Franklin Electric
Acquired Company
Cat Pumps
Description
Franklin Electric has successfully acquired Cat Pumps, enhancing its position in the flow control industry. This strategic acquisition aims to build a more resilient company by integrating Cat Pumps' premium brand and technology. The deal is expected to broaden Franklin Electric's market reach and significantly increase its addressable market. The acquisition aligns with Franklin Electric's growth strategy and financial objectives for the coming years.
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Based on deal dataFrequently asked
Who acquired Cat Pumps?
Cat Pumps was acquired by Franklin Electric. The deal was reported on September 9, 2026. Corporate Website Franklin Electric is publicly traded (FELE).
When did Franklin Electric acquire Cat Pumps?
Franklin Electric's acquisition of Cat Pumps was reported on September 9, 2026. Franklin Electric has successfully acquired Cat Pumps, enhancing its position in the flow control industry. This strategic acquisition aims to build a more resilient company by integrating Cat Pumps' premium brand and technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cat Pumps do?
Cat Pumps is a market leader in high-pressure plunger and piston pumps serving the commercial and industrial sectors. The company is recognized for its exceptional product quality and customer loyalty. It is privately held, operating in Manufacturing, and is based in Minneapolis.
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