Graco completed the acquisition of Color Service for €63m.

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