The acquisition gives Carlisle a leading position in a new industry segment with widely recognized premium brands in industrial liquid finishing equipment and systems.
Graco will sell the Binks, DeVilbiss, Ransburg and BGK assets obtained during its acquisition of the Finishing Brands. Carlisle Companies will purchase the Liquid Finishing business from Graco for $590 million.
Graco has signed a definitive agreement to sell the Liquid Finishing business assets that were purchased as part of its acquisition of the Finishing Brands business from Illinois Tool Works (ITW) on April 2, 2012.
Finishing Brands, manufacturer of Binks industrial finishing equipment, is including two additional fluid nozzles, at no charge, in five new promotional packages of Binks Trophy manual spray guns.
Binks, a global leader in finishing technology for industrial applications, has added to its line of industrial pumps with two new pumps and an expansion to a piston pump line.
ATLANTA, GA -- The International Woodworking Fair (IWF) Challengers Distinguished Achievement Awards selection committee named the seven winning entries at a ceremony held this morning on the show floor.