Graco to acquire Corob for €230M

Graco Inc. has signed a definitive agreement to acquire Corob S.p.A., a manufacturer of dispensing and mixing solutions for paints and coatings, for €230 million plus up to €30 million in contingent consideration. The transaction is expected to close in Graco's fiscal fourth quarter of 2024.

“The addition of Corob to our portfolio builds on our strong global position in the growing paint and coating machinery manufacturing category within our Contractor segment.”streetinsider.com

• 1 source
• streetinsider.comGraco Inc. Signs Definitive Agreement to Acquire Corob S.p.A., a Global Manufacturer of High-tech Dispensing and Mixing Solutions for Paints and CoatingsSep 26, 2024

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