$FELE (FRANKLIN ELECTRIC CO) — 8-K: Franklin Electric buys Cat Pumps for $350M cash; adds $115M revenue, 35%+ EBITDA margins

Franklin Electric completed its acquisition of Cat Pumps for $350 million in cash plus a potential earnout of up to $50 million in stock. Cat Pumps generated approximately $115 million in revenue and $45 million in Adjusted EBITDA in 2025, with EBITDA margins above 35%. The deal is expected to be accretive to Adjusted EPS in 2027 and expands Franklin Electric’s addressable market by more than $1 billion.

Franklin Electric completed its acquisition of Cat Pumps for $350 million in cash plus a potential earnout of up to $50 million in stock. Cat Pumps generated approximately $115 million in revenue and