Franklin Empire to Acquire Measuremax Distribution Arm
Franklin Empire Inc. and Measuremax Inc. have entered into an agreement of purchase and sale regarding Franklin Empire’s acquisition of Measuremax’s distribution business. The sale is expected to close on October 1. Measuremax is a supplier of process and instrumentation products based in Peterborough, ON. In conjunction with this acquisition, Franklin Empire will become Siemens’ exclusive distributor for process and instrumentation products for most of Ontario.
The acquisition will provide Measuremax customers with access to a vastly larger basket of electrical products, and Franklin Empire staff will gain new market opportunities and forge new supplier relationships.
The remaining Measuremax business is not a part of this acquisition and will continue under Measuremax Inc.
Clifford Backman of Franklin Empire and John Gillis President of Measuremax
