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Franklin Electric Acquires Cat Pumps in $400M Deal

Summary by Hoodline
Franklin Electric completed a $350 million cash acquisition of Minneapolis-based Cat Pumps, with up to $50 million more tied to 2028 performance targets.
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Franklin Electric Acquires Cat Pumps in $400M Deal

Franklin Electric completed a $350 million cash acquisition of Minneapolis-based Cat Pumps, with up to $50 million more tied to 2028 performance targets.

·San Francisco, United States
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Hoodline broke the news in San Francisco, United States on Sunday, September 13, 2026.
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