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Graco Inc. completed its acquisition of Valco Melton, a provider of adhesive application and quality assurance systems, for $447 million in cash. Valco Melton will join Graco's Industrial segment.
Graco Inc. has signed a definitive agreement to acquire Valco Melton, a provider of adhesive application and quality assurance systems, for $447 million in cash including about $40 million in expected tax benefits. The deal is expected to close in Graco's fiscal third quarter.
