Color Service S.r.l. (“Color Service”) is pleased to announce that it has entered into a definitive agreement under which Graco Inc. (NYSE: GGG) will acquire 100% of the shares of the company.
Color Service is an Italian company, a world leader in the production of automatic dosing systems for a variety of markets, including textiles, rubber, tires, cosmetics, plastics, and food. Based in Dueville (Vicenza), Color Service exports its products worldwide, serving customers who require precision, traceability, and automation in the micro-dosing of materials for high value-added processes.
Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction, and maintenance industries.
“We have found in Graco the right partner to broaden our global presence and accelerate our growth. The affinity between our two cultures emerged already from our very first meetings, we are confident that our business will fit seamlessly into such a solid organization and that together we will offer even greater value to our customers worldwide,” commented Stefania Toschi, President of Color Service
The transaction is expected to close by the end of July 2025, subject to customary regulatory approvals and closing conditions. Following the acquisition, Color Service will continue to operate from its current headquarters in Dueville with its existing management team, ensuring continuity for customers, employees, and partners.
