Graco Inc. (GGG) announced it has agreed to acquire Color Service, a company specializing in automated dosing systems for powder and liquid applications, for 63 million euros, subject to customary adjustments.
The transaction is expected to close in Graco's fiscal third quarter following the satisfaction of closing conditions.
Color Service serves a wide range of industries including textiles, rubber, cosmetics, plastics, and food. Headquartered in Italy, Color Service employs approximately 140 people worldwide.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.