Graco Inc. has acquired Red Devil Equipment Company, known as Radia, in a deal valued at $69 million. Radia, a manufacturer of mixing, shaking, and automated material handling equipment for the paint and coatings industry, generates annual revenue of more than $30 million. The acquisition enhances Graco's Contractor business portfolio by adding advanced mixing and material handling solutions, complementing its previous expansion into precision tinting and dispensing equipment with the acquisition of Corob. Radia serves paint retailers across North America, including hardware, paint, and big-box stores, and is headquartered in Plymouth, Minnesota.