 FORT WAYNE, Ind., May 17, 2021 GLOBE NEWSWIRE -- Franklin Electric Co., Inc. NASDAQ: FELE announced today that it has acquired New Aqua, LLC and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at 150 million, subject to customary adjustments. The transaction is expected to be accretive to earnings per share EPS in 2021 in the range of 0.04 to 0.06 per share. As a result, the Company has revised its full year 2021 earnings per share before restructuring expenses guidance to be in the range from 2.85 to 3.05. 