Walter Surface Technologies Acquires Allegro Industries
March 1, 2022
Walter Surface Technologies has announced the acquisition of Allegro Industries, a USA-based manufacturer of high-quality 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 high-end metalworking products.
"We are very excited to welcome Allegro to the Walter family. 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."
Tom Johnston, President and Founder of Allegro Industries, said: "We are proud to see Allegro adding its solutions to Walter's renowned offering. The fit is right, and we look forward to Allegro's potential within the Walter group of companies. We are very excited to be a part of the Walter team."
Following this transaction, Allegro will continue to operate under its own brand. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.
For more information contact:
Allegro Industries
1360 Shiloh Church Road
Piedmont, SC 29673
www.allegrosafety.com
Walter Surface Technologies
810 Day Hill Road
Windsor, CT 06095
860-298-1100
info.us@walter.com
www.walter.com
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