Franklin Electric announced it has acquired New Aqua and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments.
The acquisition of Slant/Fin baseboard assets brings together a major business component of two family-run companies who have always focused on consistently manufacturing and delivering superior quality, solutions-based hydronic heating equipment to residential and commercial customers across North America.
The acquisition positions Autodesk as a technology leader in end-to-end water infrastructure solutions from design to operations, accelerates Autodesk’s digital twin strategy, and creates a clearer path to a more sustainable and digitized water industry.
The Detection Group (TDG), with headquarters in Sunnyvale, California, currently protects over 50 million square feet of floor space in well over 400 commercial buildings across the United States.
The Collins Companies, an industrial distributors of pipe, valves and fittings and engineered specialties serving the Northeast, announced its decision to fully acquire the assets of Niagara Controls in Buffalo, NY and consolidate the management with their Collins Niagara Division in Syracuse, NY. Joseph A. Clemente, who was the Managing Partner of Niagara Controls, will now provide direction and guidance to both of these Collins’ divisions.
