Graco Inc., a manufacturer of lubricating equipment, has acquired dispenser equipment manufacturers Gusmer Corp. and Gusmer Europe S.L. from affiliates of PMC Global Inc. for $65 million. Gusmer Corp. is based in Lakewood, N.J., Gusmer Europe in Vilanova, Spain. Both make systems used to dispense polyesters, polyurethanes, polyureas and epoxies. Graco, which is based in Minneapolis, supplies equipment that moves, measures, controls and dispenses or sprays lubricants or other fluid materials.

This makes the second acquisition in as many months for Graco. Effective Jan. 1, it purchased the stock of Liquid Control Corp. and several of its affiliates, including Profill Corp. and Decker Industries. Liquid Control also designs and manufactures resin dispensing equipment.