Graco Inc. Completes Acquisition of PCT Systems to Expand its High-Purity Fluid Handling Solutions Business
Acquiring Company
Graco
Acquired Company
PCT Systems
MinneapolisSan JoseManufacturingManufacturingDescription
Graco Inc. (NYSE:GGG) has successfully acquired the megasonic and ultrasonic wet cleaning systems business of PCT Systems, a strategic move to complement its existing line of high-purity chemical delivery equipment used in the production of semiconductors, solar panels, LED flat panel displays, and various other electronics. This acquisition is a strategic fit within Graco's White Knight business and supports its expansion in the semiconductor market.
Quick answer
Graco is acquiring PCT Systems, announced August 26, 2024. Graco is based in Minneapolis, Minnesota, United States.
- How much did Graco pay for PCT Systems?
- The deal value was not disclosed.
- What does Graco do?
- Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications.
- Where are Graco and PCT Systems based?
- Graco is based in Minneapolis, Minnesota, United States. PCT Systems is based in San Jose, California, United States.
- Who are the decision-makers at Graco?
- Fundz holds 1 contact at Graco. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired PCT Systems?
PCT Systems was acquired by Graco, based in Minneapolis. The deal was reported on August 26, 2024. Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. Graco is publicly traded (GGG) and operates in Manufacturing.
When did Graco acquire PCT Systems?
Graco's acquisition of PCT Systems was reported on August 26, 2024. Graco Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PCT Systems do?
It is privately held, operating in Manufacturing, and is based in San Jose.
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