Graco closes €230M acquisition of Corob S.p.A., a paint dispensing equipment maker

GRACO INC

Completed acquisition of Corob for €230M (up to €30M contingent consideration) on Nov 4, 2024.
Corob had 2023 revenue of €110M and more than 600 employees globally.
Corob is a leader in volumetric and gravimetric dispensing, mixing, and shaking equipment for tinting.
CEO Mark Sheahan said the deal strengthens Graco's presence in paint and coating equipment.

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