Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2014

Graco Inc.

(Exact name of registrant as specified in charter)

 

Minnesota   001-09249   41-0285640

 

  

 

  

 

(State or other Jurisdiction of

Incorporation)

   (Commission File Number)  

(IRS Employer Identification

No.)

 

88 – 11th Avenue Northeast

                Minneapolis, Minnesota                

                                   55413                                 
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (612) 623-6000

 

                                Not Applicable                                
(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

On September 30, 2014, Graco International Holdings SARL, a wholly owned subsidiary of Graco Inc., entered into a share purchase agreement, dated as of October 1, 2014, with the shareholders of Xamol Limited to acquire Alco Valves Group, a United Kingdom-headquartered manufacturer of valves used in Oil & Natural Gas and other industrial processes, for £72.2 million in cash, subject to customary post-closing adjustments. The completion of the acquisition occurred simultaneously with entry into the agreement. A copy of the press release announcing the acquisition is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d)

Exhibit

 

  99.1

Press Release dated October 1, 2014.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    GRACO INC.
Date: October 6, 2014     By:   /s/ Karen Park Gallivan
      Karen Park Gallivan
      Its: Vice President, General Counsel and Secretary