Graco Completes Divestiture of Liquid Finishing Business Assets
The Liquid Finishing business assets sold to Carlisle include those involved in the development, manufacture, and sale of Binks® spray finishing equipment, DeVilbiss® spray guns and accessories, Ransburg® electrostatic equipment and accessories, and BGK curing technology.
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Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements that are made within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Without limiting the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” or “estimate” or comparable terminology are intended to identify forward-looking statements. The Company undertakes no obligation to update these statements in light of new information or future events. Actual results could differ materially from those expressed or implied by such forward-looking statements due to various factors, including whether the final expenses, taxes and other adjustments to the purchase price conform to expectations and whether the Company will be able to realize the expected financial results of the transaction, and the risk factors described in Item 1A of the Company’s Annual Report on Form 10-K for fiscal year 2014.
Source:
Graco Inc.
James A. Graner, 612-623-6635
or
Media:
Bryce
Hallowell, 612-623-6679
bhallowell@graco.com