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

Tinicum Acquires GracoRoberts From CM Equity Partners

July 23, 2026

IT Services

GracoRoberts, an Arlington, Texas–headquartered specialty chemicals and advanced composite materials distributor serving aerospace and defense, received a strategic investment from Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated. The deal marks an ownership transition from CM Equity Partners after 11 years, while GracoRoberts management retains a significant stake and continues to lead the business.

Graco Inc. Acquires Valco Melton

May 21, 2026

Industrial Services

Graco Inc. entered into a definitive agreement to acquire Valco Melton, a global provider of precision adhesive application and quality assurance systems, for $447 million in cash (including the present value of approximately $40 million in expected tax benefits). The transaction is expected to close in Graco’s fiscal third quarter after customary closing conditions are satisfied.

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.

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.

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.

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.