Graco Completes Acquisition of Smith Manufacturing

MINNEAPOLIS–(BUSINESS WIRE)–Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling
equipment, announced that it has completed the acquisition of the
business of Smith Manufacturing, effective Dec. 15, 2017. Smith,
located in Pompano Beach, Florida, makes and sells scarifying equipment
for both interior and exterior surface preparation. The Smith business
will continue to operate out of their existing facility, manufacturing
both Smith and Graco scarifying products.

“Smith is a well-known brand for surface preparation and grinding
equipment used in striping, road construction, road maintenance and
concrete flooring/surfaces,” said Dale Johnson, President of Graco’s
Worldwide Contractor Equipment Division. “Their broad line of products
will be a great addition to our pavement maintenance equipment offering
and an excellent complement to our robust family of line striping
equipment.”

ABOUT GRACO
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. For additional
information about Graco Inc., please visit us at www.graco.com
or on Twitter @GracoInc.

Contacts

Graco Inc.
Charlotte Boyd, 612-623-6153
[email protected]