Graco Acquires Corob S.p.A. for Up to €260 Million

Graco Inc. Acquires Color Service S.r.l. for €63 Million

July 31, 2025

Manufacturing

Graco Inc. has completed its previously announced acquisition of Color Service S.r.l. (Color Service) for €63 million, subject to customary adjustments. Color Service is a global manufacturer of specialized automatic precision dosing systems for powder and liquid applications, with about 140 employees worldwide.

Graco Acquires RADIA (Red Devil Equipment Company) for $69M

November 19, 2025

Manufacturing

Graco has acquired RADIA (formerly Red Devil Equipment Company) for $69 million, adding paint-mixing, shaking and automated material-handling technologies to its color solutions portfolio. RADIA, based in Plymouth, Minnesota, generates more than $30 million in annual revenue and employs roughly 30 people; the acquisition is intended to integrate RADIA's mixing and automation capabilities with Graco's existing tinting and dispensing solutions.

GracoRoberts Acquires UK-based Silmid Limited

March 4, 2021

Aerospace & Defense

GracoRoberts, a PE-backed specialty chemicals distributor, has agreed to acquire UK-based Silmid Limited to expand its global aerospace distribution footprint into the UK and Europe. The deal adds Silmid's ecommerce platform, a 24,000 sq. ft. UK warehouse and complementary aerospace specialty chemicals capabilities; CM Equity Partners supported the transaction as GracoRoberts' private equity sponsor.

AkzoNobel and Axalta Coating Systems Merge to Create $25B Global Coatings Leader

November 19, 2025

Manufacturing

AkzoNobel and Axalta Coating Systems entered into a definitive all-stock merger agreement to combine into a global coatings leader with approximately $25 billion enterprise value. The combined company will bring together complementary coatings portfolios across multiple end markets and is expected to complete the merger between late 2026 and early 2027, subject to approvals and regulatory review.

GracoRoberts Acquires Pacific Coast Composites

May 18, 2023

Industrial Services

GracoRoberts, a PE-backed specialty chemicals and aerospace materials distributor, has acquired Washington-based Pacific Coast Composites (PCC) to broaden its composites product offering and shorten lead times for aerospace customers. The acquisition, supported by sponsor CM Equity Partners, preserves PCC’s Puyallup, Washington operations and strengthens GracoRoberts’ ecommerce and distribution capabilities across the aerospace OEM and MRO markets.

ProA Capital Acquires Majority Stake in Acrylicos Vallejo

December 20, 2023

Manufacturing

Spanish private equity firm ProA Capital has agreed to acquire roughly 70% of acrylic paint manufacturer Acrylicos Vallejo in a share purchase valuing the company at about €50 million. The deal leaves founder Alexander Vallejo with just over 20% and brings management into the shareholder base; ProA said it will support international expansion and strengthen the online sales channel.