Franklin Electric Acquires CAL Pump
Franklin Electric, a global leader in the production and marketing of water pumping systems, proudly announces the purchase of CAL Pump. Franklin Electric is developing a growing position in the water transfer and water gardening markets with the recent acquisitions of the Little Giant Pump Company and Monarch Industries (Pump Division) and now CAL Pump.
Franklin Electric’s consistent strategy for acquiring well-respected pump companies in this challenging economy emphasizes its long-term commitment to the water transfer and water gardening markets.
CAL Pump is the second company acquired by Franklin Electric that is devoted to the water gardening and outdoor living markets. For more than 50 years, CAL Pump has been known for manufacturing high quality, technologically advanced pumps designed for fountains, spas, ponds, parts washers, marine air conditioning units, and other applications. Together with the Little Giant brand product offering, CAL Pump’s extensive pump line and patented lighting effects—including the EggLite lighting system—create a solid foundation for Franklin Electric’s water gardening programs.
Thomas J. Strupp, President of Franklin Electric’s Water Transfer Systems business and the Little Giant brand said, “This acquisition brings together two of the most respected brands in the water garden industry. We are now positioned with an array of products to better serve our water gardening customers as their prime supplier.”
Brett F. Thompson, CEO of CAL Pump added, “In recent years, our industry has struggled trying to rationalize the price/value considerations of private labeled pumps and accessories imported from around the world. For distributors, dealers, and homeowners involved in water gardening, the combination of our two companies sends a message of commitment to the industry and is simply a dream come true. There now exists a financially strong U.S. based company committed to manufacturing and engineering excellence in water gardening.” Franklin Electric looks forward to extending its core values—Quality, Availability, Service, Innovation and Value—to CAL Pump’s existing products, staff, and processes during the upcoming transition period. These will complement the value-added practices that CAL Pump’s customers have come to know and trust over the years.
About Franklin Electric Co., Inc.
Franklin Electric is a global leader in the production and marketing of water and fuel pumping systems and is a technical leader in submersible motors, drives, controls and monitoring devices. Franklin Electric has produced high-quality industrial pumps, filters and accessories for over 50 years. By introducing the new Little Giant PondWorks program, Franklin Electric now brings the same exceptional knowledge, experience, and quality to the recreational water gardening and outdoor living markets.
Source: Franklin Electric Co., Inc.