The acquisition of Corob will allow Graco to strengthen its position in the international paint and coatings market.
Graco has recently acquired Corob, a manufacturer of high-tech dispensing and mixing solutions for paints and coatings.
“The addition of Corob to our portfolio builds on our strong global position in the growing paint and coating machinery manufacturing category within our contractor segment. This acquisition advances our key strategies of global growth and expanding into new and adjacent markets. Like Graco, Corob has a demonstrated track record of achieving consistent growth in markets around the world through innovation as well as quality and service, and we look forward to collaborating for continued success,” has stated Mark Sheahan, Graco's President and CEO.
Corob manufactures high-performance volumetric and gravimetric dispense, mixing and shaking equipment used in tinting applications. The company has more than 600 employees worldwide and is headquartered in Italy with additional manufacturing operations in India and Canada.