Graco Inc., a leading manufacturer of fluid-handling equipment, last week announced it has acquired abrasive-blasting equipment manufacturer EcoQuip Inc., of Chesapeake, Va. Founded in 2005, EcoQuip designs and produces eco-friendly abrasive blasting systems for coating removal and surface preparation. EcoQuip products will become part of the product portfolio of Graco’s Applied Fluid Technologies Division.
“This acquisition aligns with our strategies to deliver leading technologies and expand our worldwide business,” said Tim White, Graco AFTD director of sales and marketing. “EcoQuip’s innovative products reflect technology advancements in the abrasive blasting industry, an adjacent product category in which Graco has not previously participated. The acquisition is beneficial as it puts EcoQuip technology into the hands of Graco’s global distribution network.”
EcoQuip’s vapor-abrasive blast equipment is said to eliminate up to 97 percent of the airborne particles produced in typical dry-blasting applications by adding a fine mist during the spraying process. The mist greatly minimizes the dispersal of dust and other harmful substances.
Financial terms of the transaction were not disclosed.
Minneapolis-based Graco Inc. supplies technology and expertise for the management of fluids and coating in both industrial and commercial applications. For more information about Graco, visit www.graco.com.