Graco Inc acquisition history.

Gusmer is a leading designer and manufacturer of specialized two-component dispense equipment systems and replacement parts. Its systems handle multiple-component formulations such as polyesters, polyureas, polyurethanes and epoxies used in construction, transportation and marine applications. Gusmer Corporation is based in Lakewood, New Jersey; Gusmer Europe S.L. is based in Vilanova, Spain. Both were purchased from affiliates of PMC Global, Inc. of Sun Valley, California.

Acquisition of the operations of the liquid and powder finishing businesses of Illinois Tool Works Inc. The businesses manufacture and distribute equipment for industrial liquid finishing, powder coating and automotive refinishing worldwide, with 2010 revenues of $305 million and significant operations in the US, Switzerland, UK, Japan, Brazil and Mexico. Powder finishing centers on Gema; liquid finishing includes Binks industrial pumping, DeVilbiss spray guns, Ransburg electrostatic equipment and BGK curing technology. Under an FTC order at close, the Liquid Finishing businesses were held separate and later divested; Graco retained the Powder Finishing (Gema) business.

Alco Valves Group is a United Kingdom-based manufacturer of high quality, high pressure valves used in Oil & Natural Gas and other industrial processes. Established in 1977, Alco offers brands including Alco Hi-Tek, Alco Valves, Alco Sub-Tek and Alco Process, and has global relationships with Oil & Natural Gas customers. Graco acquired Alco via its subsidiary Graco International Holdings SARL by purchasing the shares of Xamol Limited.

Headquartered in Erie, PA, HiP designs and manufactures valves, fittings and other flow control equipment engineered to perform in ultra-high pressure environments, from 10,000 to 150,000 psi. HiP's products are used on high-value assets in industrial applications including Oil & Natural Gas infrastructure, the waterjet cutting and cleaning industry, and industrial research programs. HiP also maintains an engineering and production base in Stoke-on-Trent, Staffordshire, UK. Agreed via purchase and sale agreement dated December 31, 2014 by Graco Inc. and Graco Fluid Handling (C) Inc.

Headquartered in Kamas, UT, White Knight Fluid Handling manufactures air-operated double-bellows pumps, air-operated double-diaphragm pumps and metering pumps. Its high-purity, metal-free pumps deliver, circulate, reclaim and transport chemical fluids and slurries used in producing semiconductors, solar panels, LED flat panel displays and other electronics, with applications including dosing, spiking, photoresist, etching, cleaning and blending.

Based in Dunnville, Ontario, GeoBlaster manufactures wet abrasive blasting equipment for coating removal and surface preparation. The acquisition augments Graco's existing protective coating channel. Graco acquired the assets of GeoBlaster in December 2014.

Headquartered in Porto Alegre, Brazil, Multimaq manufactures and distributes finishing products serving the metal, wood and leather industries and is a respected brand in the Brazilian market. Graco closed the acquisition in December 2014.

In January 2016, Graco paid $48 million cash to acquire two related companies that manufacture and sell portable and fixed gas analyzers for landfill, biogas and medical applications and landfill gas wellhead equipment. The acquisitions enhance and complement Graco's position in environmental monitoring and remediation markets served by its Process segment. Purchase price allocation included $28 million of goodwill, $24 million of other identifiable intangible assets and $4 million of other net liabilities. The companies are not individually named in Graco's SEC filings.

Corob S.p.A. is a global leader in the design and manufacturing of high-performance volumetric and gravimetric dispense, mixing, and shaking equipment used in mission-critical tinting applications for paints and coatings. Corob had revenue of €110 million in 2023, more than 600 employees worldwide, and is headquartered in Italy with additional manufacturing operations in India and Canada. Contingent consideration of up to €30 million is tied to revenue performance over two twelve-month periods (capped at €15.0 million per period); the first period did not trigger an earn-out.

Color Service s.r.l. is a global leader in automated dosing systems for powder and liquid applications, serving industries including textiles, rubber, cosmetics, plastics and food. Color Service had revenue of €34 million in 2024, approximately 140 employees worldwide, and is headquartered in Italy. Graco's FY2025 10-K records the acquisition at approximately $77 million of purchase consideration, with results included in the Powder Division of the Industrial segment.

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.