MINNEAPOLIS - Graco Inc. has purchased from affiliates of PMC Global, Inc., Sun Valley, Calif., the stock of Gusmer Corp., based in Lakewood, N.J. In a related transaction, Graco also acquired the stock of Gusmer Europe S.L., based in Vilanova, Spain.

Gusmer is a leading designer and manufacturer of specialized two-component dispense equipment systems, as well as replacement parts used in the operation of its equipment.