Fluid and powder handling technology company Graco Inc. (NYSE:GGG) has announced it has entered into a definitive agreement to acquire Valco Melton, a global supplier of precision adhesive application and quality assurance systems, for $447 million in cash. The purchase price includes the present value of approximately $40 million in anticipated tax benefits and represents roughly 14 times Valco Melton's projected full-year 2025 EBITDA. The transaction is expected to close during Graco's third fiscal quarter. Valco Melton specializes in the design and manufacture of industrial precision dispensing systems and in-line quality inspection systems, primarily serving the packaging industry and other industrial manufacturing sectors with stringent requirements for quality, reliability, and consistency. The company employs approximately 650 people and operates in over 80 countries, with projected 2025 revenue of about $145 million. Graco's President and Chief Executive Officer, Mark Sheahan, stated that this acquisition is highly aligned with Graco's strategy and represents a natural extension of its Industrial segment. Valco Melton will complement Graco's capabilities in precision sealant and adhesive dispensing while adding vision-based quality assurance systems, further enhancing Graco's ability to help manufacturers improve production efficiency and product quality. Valco Melton will be integrated into Graco's Industrial segment. Graco's recently reported financial results for the first quarter of 2026 showed revenue of $540.1 million, with the company maintaining its full-year guidance for low single-digit organic growth.