Walter Surface Technologies Acquires ArcOne
Complementing both companies’ product offerings, the deal expands Walter’s presence in the safety and productivity industry.
Posted: February 27, 2020
Walter Surface Technologies (Montreal, Québec) has announced the acquisition of ArcOne (Taunton, MA.), a provider of industrial safety products. The addition of a unique, personal protective equipment product line to its offering, says Walter, complements the company’s high-end metalworking products and its workplace safety seminar program.
“We are very excited to welcome ArcOne to the Walter family,” said Walter CEO Marc-André Aubé. “ArcOne brings a solid network and expertise that will allow us to continue our mission to help our customers work better. Walter has always had a strong focus on the health and safety of our customers. Now, with ArcOne, we can better serve them with high quality personal protection equipment, helping them work effectively as well as safely.”
ArcOne Presiden Edward Martin says he welcomes the new relationship, adding, “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. We saw in this opportunity the perfect alignment of both products and values. We are proud to see ArcOne adding its unique safety products line to Walter’s renowned and robust offering. The fit is right, the timing is right. We are poised for more growth and excitement.”
ArcOne will continue to operate under its own brand. The transaction is effective immediately, and activities for both customers and suppliers remain unchanged.
