Valco Melton Has Signed a Definitive Agreement to be Acquired by Graco Inc. (NYSE: GGG)

We are pleased to share that Valco Melton has signed a definitive agreement

to be acquired by Graco Inc. (NYSE: GGG), a global leader in fluid and powder handling technologies, in an all-cash

transaction. Valco Melton will become part of Graco’s Industrial division upon closing, with timing expected sometime

in the third quarter.

Like Valco Melton, Graco has a long history of serving their customers in a wide variety of material handling markets

and we look forward to a partnership that underscores our common dedication to our global customers.

With a 74-year history of supplying adhesive dispensing and inspection expertise across 87 countries and more

than 650 employees, Valco Melton will continue to serve industrial and packaging markets with solutions that

enhance product quality and manufacturing performance, while the acquisition by Graco is expected to build on complementary capabilities and support continued global growth.

In recognition of the leadership legacy that has shaped Valco Melton over decades, the contributions of Greg

Amend and Rich Santefort, along with the foundation established by by Buford Thomas, have helped build a strong

organization focused on customers, employees and long-term success. We value all our employees and business

partners and look forward to the opportunities ahead as part of Graco.

For more information on Valco Melton Has Signed a Definitive Agreement to be Acquired by Graco Inc. (NYSE: GGG) talk to Valco Melton UK