August 6, 2024 – Brady Corp. has completed its acquisition of Gravotech, a provider of marking and engraving solutions, in a transaction valued at about $130 million US.

Gravotech offers specialty laser and mechanical engraving capabilities intended for direct part marking within a variety of industries and applications, explained Brady president & CEO Russell R. Shaller.

This acquisition, added Shaller, aligns with Brady’s product identification solutions and specialty adhesive materials, and “We intend to expand Gravotech’s addressable market by utilizing Brady’s global footprint throughout Europe, Asia and the Americas”.

Brady Corp. is an international provider of solutions that include high-performance labels, signs, safety devices, printing systems, and software.