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: Binks, DeVilbiss, Ransburg, BGK and Owens Community College have teamed up to present a Spray Finishing Technology Workshop.