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Industry News
Franklin Electric signs agreement to acquire Barnes de ColombiaFranklin Electric has signed a definitive agreement to acquire Barnes de Colombia S.A., a manufacturer and distributor of industrial and commercial pumps based in Cota, Cundinamarca, Colombia. This acquisition aligns with Franklin Electric’s long-term growth and diversification goals, providing opportunities for expansion in Latin America. Barnes de Colombia, also operating under the WDM brand in certain countries including the U.S., is headquartered near Bogotá, Colombia. It has two manufacturing facilities and over eight stocking locations in Colombia, as well as assembly facilities in Mexico, Brazil and Argentina, and local warehouses in Guatemala,
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