Graco Manufacturing Acquisition | M&A Deal

Graco has acquired an adhesive manufacturer, a chemical manufacturing business in the United States, for $447 million. The target produces adhesives used in industrial applications, supporting Graco’s materials handling and application systems across manufacturing customers. Graco acquisitions in chemical manufacturing expand its platform capabilities and strengthen supply for customers in key U.S. markets. The platform acquisition is a strategic acquisition by a strategic buyer, sized over $100M, and is expected to close following customary conditions. The manufacturing M&A move broadens Graco’s product portfolio and enhances growth opportunities in adhesive-based processes.