Franklin Electric buys Cerus Industrial

Based in Hillsboro, Oregon, Cerus supplies motor controls, motor starters, contactors, protection devices and variable frequency drives to distributors and original equipment manufacturers in North America who serve the HVAC, industrial motor and pumping systems markets.

Cerus had sales of approximately US$14.0 million in 2011.

Franklin Electric chairman and CEO Scott Trumbull said: “While Franklin has been a leader in applying drive and control technologies to groundwater pumping systems, we believe that the Cerus acquisition will enable us to further accelerate our growth by increasing our technical and product development capacity, broadening our product line, reducing our manufacturing costs and moving us into adjacent market areas.”