secwatch.observer — SEC 8-K summary
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Issuer:     GRACO INC (GGG)
CIK:        0000042888
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001193125-24-253711
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42888/000119312524253711/0001193125-24-253711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42888/000119312524253711/d906785d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-253711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer