We are proud to announce that we have signed an agreement to sell COROB, a leader in providing automated solutions for dosing and dispensing in the paint, coatings and ink industries, to Graco.
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Since Ardian's investment in 2018, the Corob Group has grown by offering innovative and technologically advanced solutions, leveraging on a strong post-sales support service. The Group, with approximately 600 employees worldwide, headquarters in Italy and additional manufacturing operations in India and Canada, recorded a turnover of over 110 million euros in 2023.
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“With Ardian's support, Corob has reinforced its position, specially by launching innovative products and focusing on high growth geographies. We wish to thank the management team led by Erik Bothorel for the work done together during our partnership.” Francois JERPHAGNON, Member of The Executive Committee, Managing Director of Ardian France & Head of Expansion
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“We believe that Corob will continue its growth trajectory, and we are confident that Graco’s acquisition represents an important step to grow the company presence in strategic markets.” Marco Molteni, Managing Director, Ardian
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Read the announcement → https://bit.ly/3XLf7jI
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#Expansion #CorobSolutions #Paint #Ink #Coating #Sustainability #Italy
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