🇺🇸 SECGraco Inc.Qwen · 实盘不做把握 2/10不做原因:无增量信息
北京时间·🕒 发布 20:30:05·⟳ 抓取 20:30:31 +26s·⚡ 决策 09-01 20:35:16 +4m45s·56.4 天前
Graco完成此前已公告的4.47亿美元收购Valco Melton,无新增实质信息
本次8-K仅为2026-05-21已公告收购的交割确认,核心金额($447M)、标的收入($145M)、并入板块等关键事实均已在此前公告和Q2财报指引中披露。估值倍数(14x/10x)和$40M税收利益为细节补充,不构成新增交易催化。同一事件已于08-31 20:51 UTC由news_center源处理并判定不做,本条无新增事实。
📄 原文Graco Inc.↗ 原文
----- d100947d8k.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REP…
不做 Graco Inc.(GGG.US)
收购完成是2026-05-21已公告交易的程序性交割确认,核心金额、标的收入和并入板块均已提前披露,无新增预期差。$447M相对Graco约$15B市值仅~3%,不构成短线催化。跨源查重命中同一事件已处理记录,结论一致。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
Graco于5月21日公告签约收购Valco Melton($447M),Q2财报已提示Q3完成。本次8-K仅确认交割完成并补充估值倍数细节,无新增金额、指引修正或意外条款。相对Graco约$15B市值,$447M bolt-on收购的交割不构成短线可交易催化。跨源查重命中同一事件的已处理记录(08-31 20:51 UTC),结论一致:不做。
🔎 新鲜度:最早出现 2026-05-21 · 扩散 medium · price-in 风险 high ↗
先例如何影响了这次决策
对本次决策的影响:先例不影响结论,因为事件本身不构成可交易催化
方向:无需先例——事件为已公告交易的程序性交割,无新增催化,不进入交易评估
工具执行结果 · 成功 1 · 降级 0 · 失败 0 · 取消 0
- search_processed_events 成功 stock_tools HTTP · 594 ms
{"result": "search_processed_events:agent query=`graco 447 million adhesive application | graco acquisition valco melton closing | graco ggg valco cincinnati completed`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 63.0/72 小时、2258 条本臂决策(完整),返回 1 条候选。\n• 08-31 20:51 UTC(CST 09-01 04:51) [ticker] 不做 GGG.US,NDSN.US (news_c
原文全文
展开原文 · 7,829 字
----- d100947d8k.htm -----
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
----- d100947dex991.htm -----
EX-99.1
2
d100947dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
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
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
----- d100947dex991.htm -----
EX-99.1
2
d100947dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
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
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每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。
这条决策早于决策账本(2026-10-08 起逐条追加),没有追加记录。