Gravotech, an international leader in the marking and engraving markets for over 80 years, is proud to announce its acquisition by Brady Corporation, an international manufacturer and marketer of complete solutions that identify and protect people, products and places.
Arnaud Linquette, President and CEO of Gravotech said, “The sale of Gravotech to a market leader in printing and high-performance adhesive material solutions provides us with an excellent opportunity to expand into new markets and generate long-term profitable growth. Over the past several years, we have enhanced our new product development and manufacturing capabilities and broadened our portfolio of precision direct part marking and engraving solutions. We look forward to further developing and growing our business with Brady.”
“The acquisition of Gravotech by Brady, a strong and innovative industrial company, opens a new era of development for Gravotech. Complementarities between Brady and Gravotech are very strong, and I am truly convinced that the combination of both companies will generate significant and robust value creation,” said former Gravotech President Gérard Guyard, who helped develop and drive the company over the past 28 years.
“We are pleased to welcome the Gravotech team to Brady,” said Brady’s President and Chief Executive Officer, Russell R. Shaller. “Gravotech offers specialty laser and mechanical engraving capabilities intended for direct part marking within a variety of industries and applications. The addition of Gravotech expands our product offering into precision direct part marking and engraving, which aligns with Brady’s market leading position in product identification solutions and specialty adhesive materials. We intend to expand Gravotech’s addressable market utilizing Brady’s global footprint throughout Europe, Asia and the Americas.”
Gravotech is an international manufacturer and marketer of engraving, marking and traceability solutions addressing applications of personalization, identification and signage. Gravotech’s product portfolio includes innovative and high performing marking and engraving machines based on laser and mechanical technologies, and a comprehensive range of engraving materials and consumables. Over the years, Gravotech has become a key player and industrial partner for many major industrial corporations as well as luxury goods manufacturers and retailers.
Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, Brady has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2023, employed approximately 5,600 people in its worldwide businesses. Brady’s fiscal 2023 sales were approximately $1.33 billion.
