Graco to acquire Color Service for €63m.

Graco, a supplier of technology and expertise for the management of fluids and coatings, agreed to acquire Color Service, a company in the production of automatic dosing systems, for €63m. “The addition of Color Service strengthens our powder handling portfolio and opens new growth opportunities with complementary technologies for new applications. This acquisition supports our global expansion strategy and aligns with Graco’s commitment to delivering innovative, high-quality solutions that solve complex customer challenges,” Mark Sheahan, Graco President and CEO.