XML 34 R21.htm IDEA: XBRL DOCUMENT v3.25.2
Subsequent Event
6 Months Ended
Jun. 27, 2025
Subsequent Events [Abstract]  
Subsequent Event
Subsequent Event

On July 17, 2025, the Company entered into a definitive agreement to acquire Color Service s.r.l. ("Color Service") for €63 million, subject to certain customary adjustments. Color Service is a global leader in automated dosing systems for powder and liquid applications and serves a wide range of industries including textiles, rubber, cosmetics plastics and food. The acquisition is expected to be completed during the third quarter of fiscal year 2025 and its results will be included within the Powder Division in the Industrial Segment. The acquisition will be funded with cash on hand.