Graco Boosts Portfolio With the Acquisition of PCT Systems

Graco Inc. (GGG) has recently completed the acquisition of the megasonic and ultrasonic wet cleaning systems business of PCT Systems ("PCT"). The financial terms of the transaction have been kept under wraps. Based in San Jose, CA, PCT specializes in designing and manufacturing a range of products, including heated process tanks, megasonic generators, transducer assemblies and custom tanks. These are crafted from stainless steel, plastics and quartz. It serves industries like semiconductors, optics, glass a ...