(Source: Shutterstock)
Water treatment servicer Headwater Companies LLC, a wholly owned subsidiary of Franklin Electric Co. Inc., acquired substantially all of LCA Pump’s assets on Dec. 31, according to a Jan. 2 press release.
LCA Pump is the operator of Water Works Pump, a Missouri-based professional groundwater distributor. It will now serve as a branch of Headwater Wholesale, a subsidiary of Headwater Companies, a collection of distributors focused on groundwater, wastewater, water treatment and other products and services in the water equipment market.
Recommended Reading
Keeping it Simple: Antero Stays on Profitable Course in 1Q
2024-04-26 - Bucking trend, Antero Resources posted a slight increase in natural gas production as other companies curtailed production.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
2024-04-26 - Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Exxon Mobil, Chevron See Profits Fall in 1Q Earnings
2024-04-26 - Chevron and Exxon Mobil are feeling the pinch of weak energy prices, particularly natural gas, and fuels margins that have cooled in the last year.
Marathon Oil Declares 1Q Dividend
2024-04-26 - Marathon Oil’s first quarter 2024 dividend is payable on June 10.
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Deal
2024-04-25 - Talos Energy President and CEO Tim Duncan said the company has expanded its leadership team as the company integrates its QuarterNorth Energy acquisition.