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A. Buchholtz & Company Closes Sale of Wood Bros. to Franklin Electric

  • A. Buchholtz & Company announced the sale of Wood Bros. & related entities to Franklin Electric Co., Inc.
  • Wood Bros. is a Lincoln, Nebraska-based distributor of water treatment systems serving wholesale & retail customers from locations in Lincoln, Phoenix, Arizona, & Indianapolis, Indiana.
  • The acquisition includes Reverse Osmosis Superstore & Vistar Water Technologies, which provide online water treatment solutions.
  • Franklin Electric, a Fort Wayne, Indiana manufacturer & distributor, aims to enhance its Water Treatment business by adding synergistic distribution capabilities & expanding market access.
  • The transaction was completed as an all-cash deal.
  • Franklin Electric President Don Line stated the acquisition adds a business with a strong reputation to key markets in Nebraska, Arizona, & Indiana.
  • AB&C Managing Director Dan Brunello noted the deal was selected due to Franklin's experienced management team & proven track record in integrating similar water treatment distribution businesses.