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LATEST NEWS - Corporate News

Franklin Electric Reports Third Quarter 2023 Results

26.10.2023 -

Franklin Electric Co., Inc. announced its third quarter financial results for fiscal year 2023. Third quarter 2023 net sales were $538.4 million, compared to third quarter 2022 net sales of $551.7 million. Third quarter 2023 operating income was $78.1 million, compared to third quarter 2022 operating income of $80.0 million. Third quarter 2023 EPS was $1.23, versus EPS in the third quarter 2022 of $1.24.

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  • Celeros Flow Technology Closes Sale of its Filtration Business to PX3 Partners

    18.10.2023 -

    Celeros Flow Technology (Celeros FT) has finalized the sale of its Filtration business unit to London headquartered private equity firm, PX3 Partners (PX3). Celeros FT entered into a definitive agreement to sell its Filtration business in May and has reached this milestone with the sale effective October 2, 2023. Celeros FT is held by funds managed by affiliates of Apollo.

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    Changes to the GF Board of Directors

    12.10.2023 -

    Hubert Achermann, Vice-Chairman of the Board of Directors of GF and Independent Lead Director is retiring from the Board of Directors on reaching the age limit. The Board of Directors of GF will propose Stefan Räbsamen as a new member to the Annual General Meeting on 17 April 2024.

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    Watson-Marlow Wins Gold at MassEcon Economic Impact Awards

    10.10.2023 -

    Watson-Marlow’s Devens site has been recognized as a Gold Awardee at the MassEcon Economic Impact Awards in Massachusetts, US. The awards recognize industry leaders that have made a positive growth impact in the state. Awardees are commended for contributions in areas such as real estate investments, community involvement, and diversity, equity, and inclusion.

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    New GEMÜ Logo

    10.10.2023 -

    The GEMÜ lettering has barely changed in almost 60 years. While the logo has been developed during this time, the letters have largely remained the same. In October 2023, the Ingelfingen-based technology company will introduce its new company logo.

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