FRIDAY, DECEMBER 19, 2014
Solidifying its presence in the abrasive-blasting market, Graco Inc. has announced the acquisition of GeoBlaster Equipment Service and Sales Inc. of Ontario.
Terms of the deal, announced Tuesday (Dec. 16), were not released.
About GeoBlaster
GeoBlaster manufactures wet abrasive blasting equipment for coating removal and surface preparation in industrial, marine, construction, restoration, graffiti and automotive applications.
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| Photos: GeoBlaster |
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GeoBlaster manufactures wet-blasting equipment for marine, industrial, construction and other applications. The company says the process reduces the dust of dry blasting by 90 percent. |
The third-generation company, more than 50 years old, says that its wet-blasting process eliminates more than 90 percent of the ambient dust produced by dry blasting. Wet blasting adds a water mist during the spraying process.
GeoBlaster's products—the GB400, GB600, GB 1200 DT, and the SA Series—will join Graco’s Applied Fluid Technologies Division.
Expansion Strategy
In December 2013, Minneapolis-based Graco acquired EcoQuip Inc., a blast equipment maker based in Chesapeake, VA. That portfolio was also folded into the Applied Fluid Technologies business.
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GeoBlaster's equipment is used for coating removal and surface preparation. |
EcoQuip was the first abrasive-blasting acquisition for the longtime spray-equipment giant. The GeoBlaster purchase will strengthen Graco's stake in its new field.
The GeoBlaster deal "aligns with our strategies to deliver leading technologies and expand our worldwide business,” said Tim White of Graco's AFT division.
"This is an exciting opportunity for AFTD as we continue to expand our capabilities in surface preparation.”
Tagged categories: Abrasive blasting; Acquisitions; Equipment manufacturers; Geo-Blaster; Graco; Graffiti removal; Maintenance + Renovation; Surface preparation; Wet abrasive blasting
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