Cat Pumps Joins Franklin Electric

We are now part of Franklin Electric Co., Inc., a global leader in moving and protecting water, fuel, and electricity.

Cat Pumps Corporation has been acquired by Franklin Electric Co., Inc. (NASDAQ: FELE).

Founded in 1944 and headquartered in Fort Wayne, Indiana, Franklin Electric is a global manufacturer and distributor of systems and technologies for moving and protecting the world's most critical resources: water, fuel, and electricity. The company serves customers in residential, commercial, agricultural, industrial, municipal, and energy applications, and reported net sales of $2.13 billion in 2025 with approximately 6,500 employees worldwide.

Cat Pumps will continue to operate from Minneapolis under the Cat Pumps and Ram Pumps brands, with the same team and the same products our customers rely on today.

Cat Pumps will become the leading brand of Industrial Uptime, a new solution within Franklin Electric's upcoming Energy Systems business. Energy Systems will serve mission-critical applications where uptime expectations are stringent and reliability is non-negotiable, alongside the Fueling Systems and Critical Power solutions.