EX-21 3 ggg12292023exhibit21q4.htm EX-21
Exhibit 21
Subsidiaries of Graco Inc.
The following are subsidiaries of the Company as of December 29, 2023

Subsidiary | Jurisdiction of Organization | Ownership Type 1 | Percent Owned
Electric Torque Machines, Inc | Delaware, USA | Direct | 100%
Gema Eastern Europe s.r.l. | Romania | Indirect | 100%
Gema Europe s.r.l. | Italy | Indirect | 100%
Gema México Powder Finishing, S. de R.L. de C.V. | Mexico | Direct & Indirect | 100%
Gema (Shanghai) Co., Ltd. | P.R. China | Indirect | 100%
Gema Switzerland GmbH | Switzerland | Indirect | 100%
Gema USA Inc. | Minnesota, USA | Direct | 100%
GFEC Free Zone Uruguay S.A. | Uruguay | Indirect | 100%
GFEC Uruguay S.A. | Uruguay | Indirect | 100%
Graco Australia Pty Ltd | Australia | Indirect | 100%
Graco BV | Belgium | Indirect | 100%
Graco Canada Inc. | Canada | Indirect | 100%
Graco Chile SpA | Chile | Direct | 100%
Graco Colombia S.A.S. | Colombia | Direct | 100%
Graco Distribution BV | Belgium | Indirect | 100%
Graco Finance Hong Kong Limited | Hong Kong, P.R. China | Direct | 100%
Graco Fluid Equipment (Shanghai) Co., Ltd. | P.R. China | Direct & Indirect | 100%
Graco Fluid Equipment (Suzhou) Co., Ltd. | P.R. China | Indirect | 100%
Graco Fluid Handling (D) Inc. | Minnesota, USA | Direct | 100%
Graco Fluid Handling (I) Inc. | Minnesota, USA | Direct | 100%
Graco Global Holdings | Luxembourg | Direct | 100%
Graco GmbH | Germany | Indirect | 100%
Graco High Pressure Equipment Inc. | Minnesota, USA | Direct | 100%
Graco Hong Kong Limited | Hong Kong, P.R. China | Indirect | 100%
Graco India Private Limited | India | Indirect | 100%
Graco International Holdings | Luxembourg | Indirect | 100%
Graco K.K. | Japan | Indirect | 100%
Graco Korea Inc. | South Korea | Indirect | 100%
Graco Limited | England and Wales, UK | Indirect | 100%
Graco Malaysia Sdn. Bhd. | Malaysia | Indirect | 100%
Graco Minnesota Inc. | Minnesota, USA | Direct | 100%
Graco Ohio Inc. | Ohio, USA | Direct | 100%
Graco Pumps and Spare Parts Trading LLC | United Arab Emirates | Indirect | 100%
Graco S.A.S. | France | Indirect | 100%
Graco Serviços e Importação de Máquinas e Equipamentos em Geral Ltda. | Brazil | Indirect | 100%
Graco Singapore Pte. Ltd. | Singapore | Direct | 100%
Graco Solutions Inc. | Minnesota, USA | Direct | 100%
Graco Trading (Shanghai) Co., Ltd. | P.R. China | Indirect | 100%
Hi-Tech Spray Equipment, S.A. | Spain | Indirect 2 | 89.5%
International Polymer Solutions Inc. | Delaware, USA | Indirect | 100%
Landtec North America, Inc. | California, USA | Indirect | 100%
Q.E.D. Environmental Systems, Inc. | Michigan, USA | Direct | 100%
Q.E.D. Environmental Systems Limited | England and Wales, UK | Indirect | 100%

SAT (Surface Aluminium Technologies) S.r.l. | Italy | Indirect | 100%
Smith Surface Preparation Systems Inc. | Minnesota, USA | Direct | 100%
Staffordshire Hydraulic Services Limited | England and Wales, UK | Indirect | 100%
White Knight Fluid Handling Inc. | Minnesota, USA | Direct | 100%

1 Ownership type indicates whether each subsidiary is directly owned by Graco Inc., indirectly owned by Graco Inc. through direct ownership by one or more of its subsidiaries, or a combination thereof.
2 10.5% of the shares of this subsidiary are held by three employees of the subsidiary.