Group 1 - Graco Inc. announced the acquisition of Red Devil Equipment Company (Radia) for $69 million, targeting the paints and coatings market [2] - Radia generates over $30 million in annual revenue and manufactures equipment for mixing, shaking, and automated material handling [2] - The acquisition is expected to enhance Graco's Contractor business portfolio and strengthen its position in the color solutions space [2] Group 2 - In Q3 2025, Graco reported a 5% rise in sales, with recent acquisitions contributing 6% to that growth [2] - The company continues its expansion strategy, highlighted by the August purchase of Color Service [2] - Graco provides technology and expertise for managing fluids and coatings across industrial and commercial applications [3]
Graco (GGG) Targets Paint and Coatings Market Through Radia Acquisition