Graco Completes Strategic Acquisition of Corob S.p.A.
Company Announcements

Graco Completes Strategic Acquisition of Corob S.p.A.

Graco ( (GGG) ) has provided an update.

Graco Inc. has completed its acquisition of Corob S.p.A., a global leader in dispensing and mixing solutions for paints and coatings, for €230 million plus potential additional payments. This strategic move enhances Graco’s presence in the growing paint and coating equipment sector. Corob’s technology and expertise will be leveraged to benefit new and existing customers, expanding Graco’s global manufacturing reach. The acquisition aligns with Graco’s goal of driving growth and innovation in fluid and coatings management.

For an in-depth examination of GGG stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyGraco completes previously announced acquisition of Corob SpA for EUR 230M
TheFlyGraco price target lowered to $93 from $96 at RBC Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App