Graco acquires Red Devil Equipment Company (Radia)
Snapshot
Graco acquired Red Devil Equipment Company (Radia) for $69 million (≈$74 million purchase consideration per 10-K) in November 2025. The transaction was structured as all cash. Red Devil Equipment Company (Radia) is a Plymouth, Minnesota (USA); approximately 30 employees worldwide-based Contractor business.
- Acquirer
- Graco
- Target
- Red Devil Equipment Company (Radia)
- Value
- $69 million (≈$74 million purchase consideration per 10-K)
- Date
- November 2025
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
Graco acquired Red Devil Equipment Company (Radia) for $69 million (≈$74 million purchase consideration per 10-K), a transaction completed in November 2025, structured as all cash.
Red Devil Equipment Company (Radia) operates in Contractor, is based in Plymouth, Minnesota (USA); approximately 30 employees worldwide, had revenue of about more than $30 million annual revenue. Red Devil Equipment Company, known in the market as Radia, manufactures mixing, shaking and automated material-handling equipment for the paint and coatings industry. Radia is headquartered in Plymouth, Minnesota, employs approximately 30 people worldwide, and had annual revenue of more than $30 million. Graco's FY2025 10-K records the acquisition at approximately $74 million of purchase consideration, with results included in the Contractor Division and Segment.
In the fourth quarter of 2025, the Company completed the acquisition of Red Devil Equipment Company, known in the market as Radia, for approximately $74 million of purchase consideration, and its results have been included with the Contractor Division and Segment.
Complementary paint mixing and material-handling capabilities that enhance Graco's position in the color solutions space. Strengthens the Contractor portfolio with advanced mixing and material-handling equipment. Graco Contractor segment / Contractor Division
No advisory firms have been disclosed for this transaction.