Jan 04, 2018
Franklin Electric Acquires U.S. Groundwater Distribution Company
Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that it has acquired Valley Farms Supply, Inc. of Lansing, Michigan for $9.0 million. Valley Farms is a professional groundwater distributor operating three locations in the State of Michigan and one in the State of Indiana. Valley Farms has approximately $28.0 million of consolidated annual sales.
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