Mergers and Acquisitions (M&A): Graco Inc. (NYSE: GGG) Acquires Color Service S.r.l. for $73.3 Million
Graco has announced the acquisition of Color Service S.r.l. According to the company announcement Graco Inc. is a Minneapolis-based company that provides technology and expertise for managing fluids and coatings in industrial and commercial settings. The company specializes in designing, manufacturing, and marketing systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials. Graco is recognized as a leader in its field, serving a global customer base across manufacturing, processing, construction, and maintenance industries. Recently, Graco completed the acquisition of Color Service S.r.l., a global manufacturer of specialized automatic precision dosing systems for powders and liquids, for 63 million, which is expected to strengthen Graco’s powder handling portfolio and open new growth opportunities.
To learn more about Graco, visit https://www.graco.com/
Company LinkedIn Page: https://www.linkedin.com/company/graco/
Company Contact:
Graco
88 11th Avenue NE Minneapolis, MN 55413
612-623-6000
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