# 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.

- Type: Acquisition
- Announced: 2024-09-26
- Where: Italy
- Value: $256.0M (230.0M EUR)
- Status: announced
- Products: dispensing and mixing equipment for paints and coatings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Corob](https://endata.com/companies/1934.md) (target)
- [Graco](https://endata.com/companies/6832.md) (acquirer)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Business+Wire/Graco+Inc.+Signs+Definitive+Agreement+to+Acquire+Corob+S.p.A.%2C+a+Global+Manufacturer+of+High-tech+Dispensing+and+Mixing+Solutions+for+Paints+and+Coatings/23768643.html), 2024-09-26: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.