Franklin Electric Acquires Water Treatment Company

Franklin Electric announced on November 2 that it has acquired Waterite Inc. and its affiliate Waterite America Inc., headquartered in Winnipeg, Manitoba, Canada. Waterite is a residential and commercial water treatment products and services provider in Canada and the United States.

Waterite’s consolidated annual sales are approximately $22 million.

Don Kenney, president of Franklin Electric’s global Water Systems business, commented:

“We have identified water treatment as a strategic adjacency to our leading groundwater pumping position globally. We are pleased to add Waterite to our water treatment businesses.

“Waterite has served the Canadian water treatment market and their customers for almost 40 years with innovative products and best-in-class customer service and support and has recently entered the United States market as well. We are confident we can leverage their expertise to
grow our water treatment capabilities in both Canada and the United States.”