M&A Deal Summary

Walter Surface Technologies Acquires Allegro Industries

On January 4, 2022, Walter Surface Technologies acquired consumer products company Allegro Industries

Acquisition Highlights
  • This is Walter Surface Technologies’ 1st transaction in the Consumer Products sector.
  • This is Walter Surface Technologies’ 2nd transaction in the United States.
  • This is Walter Surface Technologies’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2022-01-04
Target Allegro Industries
Sector Consumer Products
Buyer(s) Walter Surface Technologies
Deal Type Add-on Acquisition

Target

Allegro Industries

Piedmont, South Carolina, United States
website
Allegro Industries designs and manufactures high-quality safety and PPE equipment for maximum convenience and ease of use in the field. All Allegro products are backed by outstanding customer service, technical support, and fast delivery. Selling exclusively through authorized distributors in the U.S., Canada and abroad, Allegro offers a complete line of respirators, air sources, ventilation equipment, ergonomics, respiratory accessories, eyewear maintenance, and confined space equipment. Allegro Industries was formed in 1987 and is based in Piedmont, South Carolina.

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Buyer(S) 1

Buyer

Walter Surface Technologies

Windsor, Connecticut, United States

website


Category Company
Founded 1952
Sector Machinery
DESCRIPTION

Walter Surface Technologies provides solutions for the global metal working industry. From high-performance abrasives, power tools and tooling to industrial parts washing systems, cleaners, degreasers and lubricants Walter focuses on helping its customers work better. Walter Surface Technologies was established in 1952 and is based in Windsor, Connecticut.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (South Carolina) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 ArcOne

Taunton, Massachusetts, United States

ArcOne is a manufacturer of industrial safety products and personal protection equipment, including auto-darkening welding helmets, safety glasses, hard hats, and respiratory protection products. ArcOne is based in Taunton, Massachusetts.

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