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Graco Inc. Signs Definitive Agreement to Acquire Color Service s.r.l. (“Color Service”), a Global Manufacturer of Specialized Automatic Precision Dosing Systems for Powders and Liquids

1. Graco Inc. to acquire Color Service for €63 million, boosting growth potential. 2. Color Service reported €34 million revenue in 2024, enhancing Graco's market position.

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$86.8107/19 12:22 AM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition improves Graco's product offerings and revenue streams, reflecting strategic growth similar to past successful acquisitions which resulted in sustained stock growth.

How important is it?

The acquisition is pivotal for Graco's growth strategy, likely influencing investor sentiment and stock performance due to expected revenue increases.

Why Long Term?

The deal will bolster Graco's market position over time, akin to previous acquisitions that expanded their operational capacity and revenue generation over several quarters.

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MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it has entered into a definitive agreement to acquire Color Service, a global leader in automated dosing systems for powder and liquid applications for €63 million, subject to customary adjustments. Color Service had revenue of €34 million in 2024. The transaction is expected to close in Graco's fiscal third quarter following the satisfaction of closing conditions. “The addition of Color Service strengthens our powder han.

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