Franklin Electric to buy Valley Farms SupplyStaff Writer | January 4, 2018
Franklin Electric announced that it has acquired Valley Farms Supply of Lansing, Michigan for $9 million.
Acquisition Groundwater distribution company
Headwater Companies is a collection of leading groundwater distributors. This collective and vested group ensures a focused groundwater distribution organization that delivers quality products and leading brands to the industry, providing contractors with the availability and service they demand to meet their application challenges.
DeLancey Davis, president of Headwater Companies, the wholly owned Distribution Segment of Franklin Electric, commented: "We are pleased to add Valley Farms to the Headwater family.
"The team at Valley Farms has built the largest groundwater distribution entity in Michigan by providing contractors with outstanding service and support. Valley Farms gives Headwater a leading market position in the important Michigan groundwater market and further fulfills our objective of being the leading source in groundwater systems distribution in the U.S." ■