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Graco Signs Definitive Agreement to Acquire Corob

Graco Inc. to acquire Corob S.p.A., a global manufacturer of high-tech dispensing and mixing solutions.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graco Inc. has entered into a definitive agreement to acquire Corob S.p.A. for €230 million, subject to customary adjustments, with up to €30 million in additional contingent consideration. The transaction is expected to close in Graco’s fiscal fourth quarter following the satisfaction of customary closing conditions. Corob had revenue of €110 million in 2023. “The addition of Corob to our portfolio builds on our strong global position in the growing paint and coating machinery manufacturing ...

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