Graco Inc. Announces Agreement to Acquire Italy-Based Automated Dosing Systems Leader Color Service for €63 Million

Reuters

07-18

Graco Inc. Announces Agreement to Acquire Italy-Based Automated Dosing Systems Leader Color Service for €63 Million

Graco Inc. has announced that it has entered into a definitive agreement to acquire Color Service s.r.l., a global manufacturer known for its specialized automatic precision dosing systems for powders and liquids. The acquisition is valued at €63 million, with the transaction expected to close in Graco's fiscal third quarter, subject to closing conditions. Color Service, which had a revenue of €34 million in 2024, serves various industries, including textiles, rubber, cosmetics, plastics, and food. This move is part of Graco's strategy to expand its global footprint and enhance its technological offerings in the powder handling sector. Mark Sheahan, Graco's President and CEO, stated that the acquisition would bolster the company's capabilities and open new growth avenues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graco Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717528110) on July 17, 2025, and is solely responsible for the information contained therein.

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