Graco acquired Two gas-analyzer companies (landfill/biogas/medical gas analyzers and landfill gas wellhead equipment) for $48 million, a transaction completed in January 2016, structured as all cash.
Two gas-analyzer companies (landfill/biogas/medical gas analyzers and landfill gas wellhead equipment) operates in Process. In January 2016, Graco paid $48 million cash to acquire two related companies that manufacture and sell portable and fixed gas analyzers for landfill, biogas and medical applications and landfill gas wellhead equipment. The acquisitions enhance and complement Graco's position in environmental monitoring and remediation markets served by its Process segment. Purchase price allocation included $28 million of goodwill, $24 million of other identifiable intangible assets and $4 million of other net liabilities. The companies are not individually named in Graco's SEC filings.
The acquisitions enhance and complement the Company's position in environmental monitoring and remediation markets served by its Process segment.
Strengthens Graco's environmental monitoring and remediation position in the Process segment. Graco Process segment
In January 2016, the Company paid $48 million cash to acquire two related companies that manufacture and sell portable and fixed gas analyzers for landfill, biogas and medical applications and landfill gas wellhead equipment. The acquisitions enhance and complement the Company's position in environmental monitoring and remediation markets served by its Process segment.Graco FY2018 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.