Graco Names Inge Grasdal Executive Vice President, Corporate Development
December 08 2021 - 4:30PM
Business Wire
Graco Inc. (NYSE:GGG), a leading manufacturer of fluid
handling equipment, announced today that Inge Grasdal has been
appointed to the newly created role of Executive Vice President,
Corporate Development, effective Jan. 17, 2022.
In his new role, Grasdal will work closely with Graco’s
management team to identify growth opportunities in new market
spaces and pursue corporate acquisition initiatives.
“With the addition of the Corporate Development role to our
leadership team, Graco is backing its initiative to pursue and
invest in new acquisition opportunities by adding expertise at the
corporate level,” said Mark Sheahan, Graco’s President and CEO.
“Inge’s impressive credentials in corporate development, finance
and engineering will help drive Graco’s strategic objectives and
company growth.”
Grasdal joins Graco from Ecolab, where he worked as Vice
President of Corporate Development since 2018. He has experience
partnering with business leadership and key stakeholders to develop
both organic and inorganic growth strategies by sourcing deals,
executing strategic analysis and leading dozens of successful
corporate transactions to date. Prior to joining Ecolab, Grasdal
worked as the Senior Director in 3M Company’s corporate development
team, leading mergers and acquisitions (M&A) for the Health
Care Business Group and as a Vice President of Investment Banking
at Piper Jaffray Co. where he executed M&A, private placement
and public offering transactions in the consumer, industrials and
clean tech sectors.
Grasdal holds an MBA in Finance and Strategy from the University
of Minnesota - Carlson School of Management and a bachelor’s degree
in Mechanical Engineering from the University of Minnesota
Institute of Technology.
ABOUT GRACO
Graco Inc. supplies technology and expertise for the management
of fluids and coatings in both industrial and commercial
applications. It designs, manufactures and markets systems and
equipment to move, measure, control, dispense, and spray fluid and
powder materials. A recognized leader in its specialties,
Minneapolis-based Graco serves customers around the world in the
manufacturing, processing, construction and maintenance industries.
For additional information about Graco Inc., please visit us at
www.graco.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211208006063/en/
Investors: David Lowe, 612-623-6456 Media: David Ahlers,
612-623-6699 dahlers@graco.com
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