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Franklin Electric Enters Into Agreement to Acquire Challenge Pumps, Strengthening Global Mineral Extraction Dewatering Platform

Source: globenewswire.com

Company FundamentalsCorporate Guidance & OutlookTransportation & Logistics

A flow-control company is adding recurring aftermarket revenue and expanding its capabilities in water management for mineral extraction. The move also increases its exposure to industrial end markets described as attractive; the text provides no transaction details or financial figures.

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