8-K
GRACO INC false 0000042888 0000042888 2026-08-31 2026-08-31
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 31, 2026

 

 

Graco Inc.

(Exact name of registrant as specified in charter)

 

 

 

Minnesota   001-09249   41-0285640

(State or other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

88 - 11th Avenue Northeast  
Minneapolis, Minnesota   55413
(Address of principal executive offices)   (Zip Code)

(612) 623-6000

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock   GGG   The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 7.01

Regulation FD Disclosure.

On August 31, 2026, Graco Inc. (the “Company”) announced that it had closed the acquisition it had previously announced on May 21, 2026, of Valco Cincinnati, Inc. doing business as Valco Melton, a global provider of adhesive application and quality assurance systems.

The full text of the press release, dated August 31, 2026, is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information in the exhibit hereto contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Such statements are made based on the current beliefs and expectations of the Company’s management and are subject to certain risks and uncertainties. Actual results or events may differ from those anticipated by forward-looking statements. Please refer to the last paragraph of the attached press release for information concerning risks, uncertainties, and other factors that may affect future results.

The information furnished pursuant to Item 7.01 of this Current Report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall it be incorporated by reference into future filings by the Company under the Securities Act, or under the Exchange Act, unless the Company expressly sets forth in such future filing that such information is to be considered “filed” or incorporated by reference therein.

 

Item 9.01.

Financial Statements and Exhibits.

 

  (d)

Exhibits

 

99.1    Press Release dated August 31, 2026.
104    Cover Page Interactive Data File (included within the Inline XBRL document).

 


Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

            GRACO INC.
Date: September 1, 2026     By:  

/s/ Joseph James Humke

      Joseph James Humke
     

Its: Executive Vice President, General Counsel and

Corporate Secretary

EX-99.1

Exhibit 99.1

 

LOGO

Graco Inc. Closes Acquisition of Valco Melton

Acquisition expands Graco’s capabilities and global reach in precision adhesive application and quality assurance technologies.

MINNEAPOLIS – August 31, 2026 – Graco Inc. (NYSE: GGG), a global leader in fluid and powder handling technologies, today announced it has completed its acquisition of Valco Melton, a global provider of adhesive application and quality assurance systems, for $447 million in cash. When adjusted for the present value of expected tax benefits of approximately $40 million, the net transaction value represents approximately 14x 2025 adjusted EBITDA, and approximately 10x 2026 estimated full year, synergy-adjusted EBITDA.

Valco Melton designs, manufactures and supports industrial systems that precisely apply adhesives and verify quality during production. Its solutions are used primarily in packaging and other industrial manufacturing applications where quality, reliability and consistent performance are critical.

“Today marks an exciting milestone as we officially welcome Valco Melton to Graco,” said Mark Sheahan, President and CEO of Graco. “Valco Melton expands our capabilities in precision adhesive dispensing and quality assurance technologies while strengthening our ability to help manufacturers improve productivity, product quality and operational efficiency. Together, we are well positioned to deliver greater value to customers around the world.”

Valco Melton has approximately 650 employees, serves customers in more than 80 countries, and generated approximately $145 million in revenue in 2025.

“With the acquisition complete, we are focused on realizing the opportunities created by combining Valco Melton’s leading adhesive dispensing and inspection technologies with Graco’s global scale and manufacturing expertise,” said Sheahan. We look forward to building on their legacy with a shared commitment to innovation, quality and customer success.”

Valco Melton will become part of Graco’s Industrial segment. This acquisition reinforces Graco’s disciplined approach to capital allocation and M&A, driving growth by expanding its participation in attractive end markets, enhancing and leveraging its global capabilities, and adding technologies that support both original equipment and aftermarket demand.


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.

Cautionary Statement Regarding Forward-Looking Statements

The Company desires to take advantage of the “safe harbor” provisions regarding forward-looking statements of the Private Securities Litigation Reform Act of 1995 and is filing this Cautionary Statement in order to do so. The Company’s statements about the expected impacts of the closing of the acquisition, including with respect to existing presence, benefits to customers, growth and expansion are forward-looking statements. The expected impacts of the closing of the acquisition could differ due to any event, change or other circumstance that prevents the parties from achieving these results in a timely fashion or at all.

###

FOR FURTHER INFORMATION:

Investors: John Bower, 612-623-6770

John_M_Bower@graco.com

Media: Kirstie Foster, 612-623-6249

Kirstie_l_foster@graco.com