Franklin Electric Announces Acquisition in Brazil
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Franklin Electric (FELE) Acquires Bombas Leão S.A.
June 9, 2014 9:22 AM EDTFranklin Electric Co, Inc. (Nasdaq: FELE) that it has acquired Bombas Leão S.A., based in Monte Azul Paulista, State of Sao Paulo, Brazil. Bombas Leão designs, manufactures, and distributes submersible groundwater pumping equipment through manufacturing facilities in Monte Azul Paulista, Teresina and a distribution facility in Recife. In 2013 Bombas Leão net revenues were approximately BRL 67... More
