Graco Inc. Has Completed Its Previously-Announced Acquisition of Color Service S.r.l., a Global Manufacturer of Specialized Automatic Precision Dosing Systems for Powders and Liquids
鈥淭he completion of this acquisition will strengthen our powder handling portfolio and opens growth opportunities with complementary technologies for new applications,鈥� said Mark Sheahan, President & CEO of Graco. 鈥淐olor Service supports our global expansion strategy and aligns with Graco鈥檚 commitment to delivering innovative solutions that solve complex customer challenges.鈥�
ABOUT GRACO
Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties,
Cautionary Statement Regarding Forward-Looking Statements
The Company desires to take advantage of the 鈥渟afe harbor鈥� provisions regarding forward-looking statements of the Private Securities Litigation Reform Act of 1995 and is filing this Cautionary Statement in order to do so. The Company鈥檚 statement about the expected closing date of the acquisition is a forward-looking statement. The expected closing and closing date of the acquisition could differ due to any event, change or other circumstance that prevents the parties from satisfying the closing conditions in a timely fashion or at all.
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FOR FURTHER INFORMATION:
Investors: David M. Lowe, 612-623-6456
Media: Meredith Sobieck, 763-353-1498
[email protected]
Source: Graco Inc.
