Walter Surface Technologies expands safety and PPE offering with acquisition
- Details
- January 5, 2022
Montreal-headquartered Walter Surface Technologies has acquired Allegro Industries, a U.S.-based manufacturer of safety equipment, respirators, air sources and ventilation equipment.
Through this acquisition, Walter is expanding its safety and PPE product offering to industrial users complementing its metalworking products.
“Walter is always looking to provide solutions that answer the needs and challenges facing industrial end-users. Now, with this acquisition, Allegro brings the product and manufacturing expertise that will allow us to continue our mission to help our customers work better all while keeping them safe,” said Marc-André Aubé, CEO of Walter. “This transaction is an unequalled opportunity to build up our activities in the North American market as we continue to evaluate other growth strategies, namely through accretive acquisitions.”
Allegro will continue to operate under its own brand. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.
Walter Surface Technologies provides solutions for the global metal working industry ranging from abrasives, power tools and tooling to industrial cleaners, degreasers and lubricants, as well as personal protection equipment. Founded in 1952, the Company is established in 7 countries throughout North America, South America and Europe.
International headquarters is in Montreal and U.S. headquarters is located in Windsor, Connecticut.
For more information, visit www.walter.com.